Honeywell International Inc. (NASDAQ:HON) Shares Sold by Dillon & Associates Inc.

Dillon & Associates Inc. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,142 shares of the conglomerate’s stock after selling 2,517 shares during the period. Dillon & Associates Inc.’s holdings in Honeywell International were worth $2,130,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ameriprise Financial Inc. grew its holdings in Honeywell International by 5.2% during the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after acquiring an additional 347,808 shares during the period. Northern Trust Corp grew its holdings in Honeywell International by 4.3% during the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after acquiring an additional 263,640 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Honeywell International by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,621,544 shares of the conglomerate’s stock valued at $759,474,000 after purchasing an additional 66,213 shares during the period. Barclays PLC boosted its position in shares of Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after purchasing an additional 1,162,518 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Honeywell International by 12.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,473,627 shares of the conglomerate’s stock valued at $518,740,000 after purchasing an additional 269,739 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares in the company, valued at $41,507,899.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the sale, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

HON stock traded down $0.65 on Friday, reaching $205.97. 2,267,215 shares of the company were exchanged, compared to its average volume of 2,886,022. The firm has a market capitalization of $134.13 billion, a PE ratio of 23.87, a PEG ratio of 2.39 and a beta of 1.02. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The stock’s fifty day moving average price is $198.17 and its 200 day moving average price is $198.05. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period in the previous year, the company posted $2.07 earnings per share. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, research analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, May 16th. Honeywell International’s payout ratio is 50.06%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on HON shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Barclays upped their target price on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, Royal Bank of Canada reduced their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $215.71.

Check Out Our Latest Report on Honeywell International

Honeywell International Company Profile

(Free Report)

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.

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

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