Honeywell International Inc. (HON) Position Boosted by MU Investments Co. Ltd.

MU Investments Co. Ltd. grew its stake in Honeywell International Inc. (NYSE:HON) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,000 shares of the conglomerate’s stock after purchasing an additional 6,000 shares during the period. Honeywell International makes up approximately 4.1% of MU Investments Co. Ltd.’s holdings, making the stock its 3rd largest holding. MU Investments Co. Ltd.’s holdings in Honeywell International were worth $5,442,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Bradley Foster & Sargent Inc. CT grew its stake in shares of Honeywell International by 0.5% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 204,384 shares of the conglomerate’s stock valued at $27,003,000 after purchasing an additional 1,086 shares during the period. Hayden Royal LLC bought a new stake in Honeywell International during the 4th quarter worth approximately $426,000. Dynamic Advisor Solutions LLC grew its position in Honeywell International by 2.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 20,653 shares of the conglomerate’s stock worth $2,927,000 after acquiring an additional 496 shares during the last quarter. Crescent Grove Advisors LLC grew its position in Honeywell International by 128.5% during the 4th quarter. Crescent Grove Advisors LLC now owns 3,962 shares of the conglomerate’s stock worth $523,000 after acquiring an additional 2,228 shares during the last quarter. Finally, Advisor Partners LLC grew its position in Honeywell International by 6.1% during the 4th quarter. Advisor Partners LLC now owns 25,832 shares of the conglomerate’s stock worth $3,413,000 after acquiring an additional 1,479 shares during the last quarter. Institutional investors own 74.04% of the company’s stock.

NYSE:HON opened at $148.61 on Monday. Honeywell International Inc. has a 52-week low of $123.48 and a 52-week high of $167.72. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.06 and a current ratio of 1.29. The firm has a market cap of $110.01 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 2.09 and a beta of 1.08.



Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, February 1st. The conglomerate reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.03. Honeywell International had a return on equity of 33.36% and a net margin of 16.18%. The firm had revenue of $9.73 billion for the quarter, compared to the consensus estimate of $9.72 billion. During the same quarter in the prior year, the business earned $1.85 EPS. The business’s revenue for the quarter was down 10.3% compared to the same quarter last year. On average, analysts expect that Honeywell International Inc. will post 7.95 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Shareholders of record on Friday, February 22nd will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 2.21%. The ex-dividend date is Thursday, February 21st. Honeywell International’s dividend payout ratio is 40.95%.

HON has been the topic of a number of research analyst reports. Cowen restated a “buy” rating and set a $168.00 price target on shares of Honeywell International in a research report on Friday, October 19th. Royal Bank of Canada decreased their price target on Honeywell International to $156.00 and set a “positive” rating on the stock in a research report on Monday, October 22nd. Argus restated a “buy” rating on shares of Honeywell International in a research report on Monday, October 22nd. Citigroup decreased their price target on Honeywell International from $194.00 to $186.00 and set a “buy” rating on the stock in a research report on Monday, October 22nd. Finally, Deutsche Bank set a $169.00 price target on Honeywell International and gave the stock a “buy” rating in a research report on Monday, October 22nd. Five research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $168.88.

In other news, Director D Scott Davis sold 3,963 shares of the stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $149.11, for a total value of $590,922.93. Following the transaction, the director now owns 25,764 shares of the company’s stock, valued at approximately $3,841,670.04. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Krishna Mikkilineni sold 28,281 shares of the stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $143.61, for a total value of $4,061,434.41. Following the completion of the transaction, the vice president now directly owns 91,829 shares in the company, valued at approximately $13,187,562.69. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 49,878 shares of company stock worth $7,226,907. Company insiders own 1.33% of the company’s stock.

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About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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

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