OLD Second National Bank of Aurora Sells 66 Shares of Honeywell International Inc. (NASDAQ:HON)

OLD Second National Bank of Aurora decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,035 shares of the conglomerate’s stock after selling 66 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Honeywell International were worth $1,056,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Moneta Group Investment Advisors LLC increased its holdings in Honeywell International by 101,603.5% in the 4th 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 in the last quarter. Barclays PLC increased its holdings in Honeywell International by 57.3% in the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after acquiring an additional 1,162,518 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Honeywell International by 6,557.2% in the 4th quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock worth $197,266,000 after acquiring an additional 926,531 shares in the last quarter. Deutsche Bank AG increased its holdings in Honeywell International by 80.7% in the 1st quarter. Deutsche Bank AG now owns 1,838,191 shares of the conglomerate’s stock worth $351,315,000 after acquiring an additional 821,001 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in Honeywell International by 853.0% in the 3rd quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock worth $163,980,000 after acquiring an additional 794,489 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other 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 transaction, 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 accessible through this link. Insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Royal Bank of Canada dropped their price target on 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. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday. Finally, Barclays increased their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $219.67.

Honeywell International Trading Up 1.0 %

HON traded up $1.88 during trading on Thursday, reaching $192.24. The company had a trading volume of 438,402 shares, compared to its average volume of 2,983,641. 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 $198.41 and a 200-day simple moving average of $195.82. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87. The stock has a market cap of $125.18 billion, a P/E ratio of 22.47, a PEG ratio of 2.18 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. During the same quarter last year, the firm posted $2.52 earnings per share. The business’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 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid 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 2.25%. Honeywell International’s payout ratio is 51.00%.

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.