KCM Investment Advisors LLC lessened its position in Honeywell International Inc. (NYSE:HON) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,801 shares of the conglomerate’s stock after selling 479 shares during the quarter. KCM Investment Advisors LLC’s holdings in Honeywell International were worth $6,337,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Capital World Investors increased its holdings in Honeywell International by 58.3% during the 4th quarter. Capital World Investors now owns 19,100,608 shares of the conglomerate’s stock worth $3,380,808,000 after purchasing an additional 7,032,228 shares during the period. State Street Corp boosted its position in shares of Honeywell International by 2.4% in the 4th quarter. State Street Corp now owns 29,784,808 shares of the conglomerate’s stock valued at $5,271,911,000 after purchasing an additional 699,644 shares during the period. Standard Life Aberdeen plc boosted its position in shares of Honeywell International by 110.6% in the 4th quarter. Standard Life Aberdeen plc now owns 1,203,184 shares of the conglomerate’s stock valued at $212,964,000 after purchasing an additional 631,916 shares during the period. Janus Henderson Group PLC boosted its position in shares of Honeywell International by 17.4% in the 4th quarter. Janus Henderson Group PLC now owns 3,721,794 shares of the conglomerate’s stock valued at $658,756,000 after purchasing an additional 551,364 shares during the period. Finally, Amundi Pioneer Asset Management Inc. boosted its position in shares of Honeywell International by 45.2% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 1,666,414 shares of the conglomerate’s stock valued at $294,955,000 after purchasing an additional 518,874 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Shares of HON stock traded up $6.02 during trading hours on Thursday, reaching $135.67. 2,258,105 shares of the company’s stock were exchanged, compared to its average volume of 6,201,923. The company has a market cap of $85.16 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 1.55 and a beta of 1.06. The company’s 50 day moving average is $159.92 and its two-hundred day moving average is $170.37. Honeywell International Inc. has a 1 year low of $101.08 and a 1 year high of $184.06. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.34 and a quick ratio of 1.10.

Honeywell International (NYSE:HON) last issued its earnings results on Friday, January 31st. The conglomerate reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. Honeywell International had a return on equity of 32.21% and a net margin of 16.73%. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the prior year, the business posted $1.91 EPS. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. As a group, analysts predict that Honeywell International Inc. will post 8.42 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, February 28th were given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.65%. The ex-dividend date was Thursday, February 27th. Honeywell International’s payout ratio is 44.12%.

HON has been the subject of a number of research analyst reports. Zacks Investment Research raised Honeywell International from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research report on Friday, January 3rd. Barclays reaffirmed a “buy” rating and set a $179.00 price objective on shares of Honeywell International in a research report on Friday, March 13th. UBS Group started coverage on Honeywell International in a research report on Thursday, December 12th. They set a “neutral” rating and a $192.00 price objective for the company. Deutsche Bank increased their price objective on Honeywell International from $189.00 to $199.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Finally, Oppenheimer started coverage on Honeywell International in a research report on Sunday, February 2nd. They set a “hold” rating for the company. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $178.93.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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