Capital Analysts LLC Decreases Position in Honeywell International Inc. (NASDAQ:HON)

Capital Analysts LLC cut its position in Honeywell International Inc. (NASDAQ:HON) by 2.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,483 shares of the conglomerate’s stock after selling 338 shares during the quarter. Capital Analysts LLC’s holdings in Honeywell International were worth $3,037,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HON. Morgan Stanley grew its position in Honeywell International by 1.6% during the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate’s stock valued at $3,275,277,000 after buying an additional 241,992 shares during the period. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 347,808 shares during the period. Northern Trust Corp boosted 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 worth $1,188,533,000 after purchasing an additional 263,640 shares during the period. Moneta Group Investment Advisors LLC boosted its position in shares of Honeywell International by 101,603.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock worth $1,223,139,000 after purchasing an additional 5,701,989 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position 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. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were 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 of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.41% of the stock is currently owned by insiders.

Honeywell International Stock Down 0.8 %

NASDAQ:HON opened at $192.49 on Tuesday. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87. The stock has a market capitalization of $125.35 billion, a P/E ratio of 22.91, a P/E/G ratio of 2.24 and a beta of 1.02. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The company’s 50-day simple moving average is $198.54 and its 200-day simple moving average is $195.82.

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

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s payout ratio is currently 51.00%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HON. Wells Fargo & Company upped their target price on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Barclays upped their price target 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. Royal Bank of Canada decreased their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday. Finally, Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and increased their target price for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price 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.