Norinchukin Bank The Has $57.14 Million Position in Honeywell International Inc. (NASDAQ:HON)

Norinchukin Bank The lifted its position in shares of Honeywell International Inc. (NASDAQ:HONGet Rating) by 5.2% during the 4th quarter, Holdings Channel reports. The firm owned 274,031 shares of the conglomerate’s stock after purchasing an additional 13,438 shares during the quarter. Honeywell International comprises 0.7% of Norinchukin Bank The’s portfolio, making the stock its 23rd biggest holding. Norinchukin Bank The’s holdings in Honeywell International were worth $57,138,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Evolution Advisers Inc. bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $26,000. FSB Premier Wealth Management Inc. bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $33,000. St. James Investment Advisors LLC bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $34,000. PSI Advisors LLC bought a new stake in shares of Honeywell International during the 3rd quarter worth approximately $35,000. Finally, PYA Waltman Capital LLC bought a new stake in shares of Honeywell International during the 4th quarter worth approximately $38,000. Institutional investors own 74.27% of the company’s stock.

NASDAQ:HON traded up $0.90 during trading hours on Thursday, reaching $192.92. The company had a trading volume of 3,990,396 shares, compared to its average volume of 3,677,895. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.66. The firm has a market cap of $131.33 billion, a price-to-earnings ratio of 25.50, a P/E/G ratio of 2.33 and a beta of 1.06. The business’s 50-day simple moving average is $193.56 and its two-hundred day simple moving average is $197.24. Honeywell International Inc. has a twelve month low of $174.42 and a twelve month high of $236.86.

Honeywell International (NASDAQ:HONGet Rating) last posted its earnings results on Friday, April 29th. The conglomerate reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.05. Honeywell International had a net margin of 15.30% and a return on equity of 30.04%. The firm had revenue of $8.38 billion during the quarter, compared to the consensus estimate of $8.29 billion. During the same quarter last year, the company earned $1.92 earnings per share. The company’s revenue was down .9% on a year-over-year basis. As a group, equities analysts predict that Honeywell International Inc. will post 8.69 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 3rd. Stockholders of record on Friday, May 13th will be paid a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Thursday, May 12th. Honeywell International’s dividend payout ratio (DPR) is presently 52.06%.

In other news, CEO Darius Adamczyk sold 40,000 shares of the business’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $194.52, for a total transaction of $7,780,800.00. Following the completion of the sale, the chief executive officer now directly owns 165,015 shares of the company’s stock, valued at $32,098,717.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.45% of the company’s stock.

HON has been the subject of several research reports. UBS Group dropped their price objective on shares of Honeywell International from $237.00 to $220.00 and set a “buy” rating for the company in a research note on Tuesday, February 15th. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $265.00 to $235.00 in a research note on Friday, February 4th. Wells Fargo & Company increased their price objective on shares of Honeywell International from $196.00 to $203.00 in a research note on Monday, May 2nd. Citigroup increased their price objective on shares of Honeywell International from $229.00 to $232.00 in a research note on Monday, May 2nd. Finally, StockNews.com began coverage on shares of Honeywell International in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $227.14.

Honeywell International Profile (Get Rating)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.

Featured Stories

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONGet Rating).

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.