Honeywell International Inc. (NASDAQ:HON) Shares Sold by Guerra Pan Advisors LLC

Guerra Pan Advisors LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,360 shares of the conglomerate’s stock after selling 363 shares during the period. Honeywell International makes up about 1.3% of Guerra Pan Advisors LLC’s holdings, making the stock its 23rd largest holding. Guerra Pan Advisors LLC’s holdings in Honeywell International were worth $1,334,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its stake in Honeywell International by 1.6% during the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate’s stock worth $3,275,277,000 after purchasing an additional 241,992 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of 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 increased its position in shares of 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. Moneta Group Investment Advisors LLC increased its position in shares of Honeywell International by 101,603.5% during 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 acquiring an additional 5,701,989 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Honeywell International by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,555,331 shares of the conglomerate’s stock worth $656,812,000 after acquiring an additional 34,135 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated 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 sale, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by insiders.

Honeywell International Stock Performance

NASDAQ HON traded down $2.63 during trading hours on Tuesday, hitting $191.41. The company had a trading volume of 919,420 shares, compared to its average volume of 3,000,134. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The company has a market cap of $124.64 billion, a PE ratio of 22.91, a price-to-earnings-growth ratio of 2.24 and a beta of 1.02. The business has a 50 day moving average of $198.54 and a 200-day moving average of $195.82.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same quarter in the prior year, the firm posted $2.52 earnings per share. Honeywell International’s revenue for the quarter was up 2.8% on a year-over-year basis. As a group, equities research analysts expect that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Dividend Announcement

The company 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. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.26%. Honeywell International’s payout ratio is currently 51.00%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HON shares. Wells Fargo & Company upped their price objective on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Berenberg Bank raised 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 report on Wednesday, March 6th. 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 report on Tuesday. Barclays increased their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Finally, Royal Bank of Canada dropped their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus 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.