American Century Companies Inc. Raises Stake in Honeywell International Inc. (NASDAQ:HON)

American Century Companies Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 292,718 shares of the conglomerate’s stock after buying an additional 14,408 shares during the quarter. American Century Companies Inc.’s holdings in Honeywell International were worth $66,122,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HON. Mainstream Capital Management LLC acquired a new stake in Honeywell International during the fourth quarter worth about $25,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International during the 3rd quarter valued at approximately $25,000. Avalon Trust Co lifted its stake in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter worth $30,000. Finally, Financial Avengers Inc. grew its position in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Jefferies Financial Group increased their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Royal Bank of Canada cut their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. The Goldman Sachs Group lifted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Citigroup reduced their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus target price of $249.38.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is currently owned by company insiders.

Honeywell International Trading Up 0.1 %

Shares of Honeywell International stock opened at $212.12 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock’s 50 day simple moving average is $213.75 and its 200-day simple moving average is $216.85. The stock has a market cap of $137.86 billion, a P/E ratio of 24.35, a P/E/G ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.