Amundi Pioneer Asset Management Inc. Increases Position in Honeywell International Inc. (NYSE:HON)

Amundi Pioneer Asset Management Inc. lifted its position in shares of Honeywell International Inc. (NYSE:HON) by 17.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,771,157 shares of the conglomerate’s stock after buying an additional 263,736 shares during the period. Amundi Pioneer Asset Management Inc. owned 0.25% of Honeywell International worth $376,725,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Charles Schwab Trust Co lifted its stake in shares of Honeywell International by 3.8% during the fourth quarter. Charles Schwab Trust Co now owns 1,308 shares of the conglomerate’s stock valued at $278,000 after buying an additional 48 shares during the period. Triton Wealth Management PLLC lifted its stake in shares of Honeywell International by 0.3% during the fourth quarter. Triton Wealth Management PLLC now owns 14,497 shares of the conglomerate’s stock valued at $3,022,000 after buying an additional 50 shares during the period. Blue Bell Private Wealth Management LLC lifted its stake in shares of Honeywell International by 3.4% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,540 shares of the conglomerate’s stock valued at $330,000 after buying an additional 50 shares during the period. Trust Co of Kansas lifted its stake in shares of Honeywell International by 2.1% during the fourth quarter. Trust Co of Kansas now owns 2,380 shares of the conglomerate’s stock valued at $506,000 after buying an additional 50 shares during the period. Finally, Symmetry Partners LLC raised its stake in Honeywell International by 0.7% during the fourth quarter. Symmetry Partners LLC now owns 6,841 shares of the conglomerate’s stock worth $1,455,000 after purchasing an additional 50 shares during the period. 75.97% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on the stock. Credit Suisse Group increased their price target on shares of Honeywell International from $222.00 to $224.00 and gave the stock an “outperform” rating in a research note on Thursday, April 1st. UBS Group increased their price target on shares of Honeywell International from $180.00 to $216.00 and gave the stock a “neutral” rating in a research note on Friday, January 15th. They noted that the move was a valuation call. Argus increased their price target on shares of Honeywell International from $195.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, February 1st. Morgan Stanley increased their price target on shares of Honeywell International from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, March 29th. Finally, Royal Bank of Canada increased their price target on shares of Honeywell International from $194.00 to $199.00 and gave the stock a “sector perform” rating in a research note on Monday, February 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. Honeywell International currently has an average rating of “Hold” and a consensus target price of $203.87.

HON opened at $218.50 on Thursday. The company has a fifty day simple moving average of $210.69 and a 200 day simple moving average of $198.48. The firm has a market cap of $151.97 billion, a price-to-earnings ratio of 31.35, a PEG ratio of 3.41 and a beta of 1.13. Honeywell International Inc. has a twelve month low of $117.11 and a twelve month high of $221.05. The company has a current ratio of 1.64, a quick ratio of 1.37 and a debt-to-equity ratio of 0.97.

Honeywell International (NYSE:HON) last released its quarterly earnings results on Thursday, January 28th. The conglomerate reported $2.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.00 by $0.07. The business had revenue of $8.90 billion during the quarter, compared to analyst estimates of $8.39 billion. Honeywell International had a net margin of 14.99% and a return on equity of 27.69%. The business’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the business earned $2.06 EPS. On average, analysts forecast that Honeywell International Inc. will post 7.03 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, March 12th. Investors of record on Friday, February 26th were issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend was Thursday, February 25th. Honeywell International’s payout ratio is 45.59%.

Honeywell International Company Profile

Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions for homes, business and transportation.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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