Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Calamos Advisors LLC

Calamos Advisors LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 405,821 shares of the conglomerate’s stock after acquiring an additional 6,385 shares during the period. Calamos Advisors LLC’s holdings in Honeywell International were worth $85,105,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Xponance Inc. raised its stake in Honeywell International by 4.5% in the 4th quarter. Xponance Inc. now owns 89,511 shares of the conglomerate’s stock valued at $18,771,000 after purchasing an additional 3,880 shares during the last quarter. SFE Investment Counsel raised its stake in Honeywell International by 2.7% in the 4th quarter. SFE Investment Counsel now owns 18,897 shares of the conglomerate’s stock valued at $3,963,000 after purchasing an additional 491 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV raised its stake in Honeywell International by 41.3% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 2,566 shares of the conglomerate’s stock valued at $522,000 after purchasing an additional 750 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Honeywell International by 3.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 161,826 shares of the conglomerate’s stock valued at $33,937,000 after purchasing an additional 6,003 shares during the last quarter. Finally, KLCM Advisors Inc. acquired a new position in Honeywell International in the 4th quarter valued at about $220,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the transaction, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

HON has been the subject of several analyst reports. Barclays boosted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a report on Tuesday. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Royal Bank of Canada lowered their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $219.67.

Honeywell International Trading Up 0.4 %

Shares of NASDAQ:HON traded up $0.72 during trading on Thursday, reaching $191.08. 1,954,253 shares of the stock were exchanged, compared to its average volume of 3,003,692. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $210.87. The firm has a market cap of $124.43 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. The firm’s 50-day moving average price is $198.41 and its 200 day moving average price is $195.82.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The business had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.52 EPS. On average, sell-side analysts anticipate that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.26%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Honeywell International 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.