Tokio Marine Asset Management Co. Ltd. Has $2.98 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,230 shares of the conglomerate’s stock after purchasing an additional 611 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Honeywell International were worth $2,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in shares of Honeywell International by 5.2% in the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after buying an additional 347,808 shares during the last quarter. Northern Trust Corp grew its position in shares of Honeywell International by 4.3% in the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock valued at $1,188,533,000 after purchasing an additional 263,640 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Honeywell International by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,555,331 shares of the conglomerate’s stock worth $656,812,000 after purchasing an additional 34,135 shares during the period. Barclays PLC lifted its position in shares of Honeywell International by 57.3% during the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after purchasing an additional 1,162,518 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its stake in Honeywell International by 51.3% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock valued at $346,365,000 after purchasing an additional 636,104 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction 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 completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

HON traded down $2.46 during midday trading on Thursday, reaching $192.33. 2,263,994 shares of the company’s stock were exchanged, compared to its average volume of 2,995,951. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The business has a 50-day simple moving average of $198.35 and a two-hundred day simple moving average of $196.25. The firm has a market capitalization of $125.24 billion, a price-to-earnings ratio of 22.71, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the company earned $2.07 EPS. Honeywell International’s revenue was up 2.7% on a year-over-year basis. As a group, research analysts predict that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio is currently 51.00%.

Wall Street Analysts Forecast Growth

HON has been the topic of several recent analyst reports. Barclays lifted their price target on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Royal Bank of Canada cut their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average 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.