Intact Investment Management Inc. Has $6.40 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Intact Investment Management Inc. raised its position in Honeywell International Inc. (NASDAQ:HON) by 1.0% in the fourth quarter, HoldingsChannel reports. The fund owned 30,500 shares of the conglomerate’s stock after purchasing an additional 300 shares during the quarter. Intact Investment Management Inc.’s holdings in Honeywell International were worth $6,396,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Private Wealth Partners LLC lifted its holdings in shares of Honeywell International by 19.7% in the fourth quarter. Private Wealth Partners LLC now owns 86,318 shares of the conglomerate’s stock valued at $18,102,000 after purchasing an additional 14,231 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Honeywell International by 8.3% in the fourth quarter. Valmark Advisers Inc. now owns 4,697 shares of the conglomerate’s stock valued at $985,000 after purchasing an additional 358 shares in the last quarter. Stuart Chaussee & Associates Inc. lifted its holdings in shares of Honeywell International by 71.9% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 380 shares of the conglomerate’s stock valued at $80,000 after purchasing an additional 159 shares in the last quarter. Addison Advisors LLC lifted its holdings in Honeywell International by 10.6% during the fourth quarter. Addison Advisors LLC now owns 983 shares of the conglomerate’s stock worth $206,000 after acquiring an additional 94 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its holdings in Honeywell International by 20.4% during the fourth quarter. Citizens Financial Group Inc. RI now owns 14,184 shares of the conglomerate’s stock worth $2,975,000 after acquiring an additional 2,405 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Activity

In other news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the transaction, the director now directly owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Honeywell International Stock Performance

Shares of HON traded up $0.43 during mid-day trading on Friday, hitting $193.45. The stock had a trading volume of 3,041,537 shares, compared to its average volume of 2,666,853. The firm has a market cap of $125.97 billion, a P/E ratio of 22.42, a PEG ratio of 2.21 and a beta of 1.02. The business has a fifty day moving average price of $198.18 and a 200-day moving average price of $196.27. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 0.93. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.07 earnings per share. On average, equities research analysts expect that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.23%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of recent analyst reports. Royal Bank of Canada dropped their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their price target for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Barclays lifted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $219.67.

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.