Honeywell International Inc. (NASDAQ:HON) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 54,263 shares of the conglomerate’s stock after selling 3,135 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Honeywell International were worth $11,138,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC boosted its stake in shares of Honeywell International by 3.1% during the 4th quarter. Venturi Wealth Management LLC now owns 2,897 shares of the conglomerate’s stock worth $608,000 after acquiring an additional 87 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in shares of Honeywell International by 34.8% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 364 shares of the conglomerate’s stock worth $76,000 after acquiring an additional 94 shares in the last quarter. Advisory Alpha LLC boosted its stake in shares of Honeywell International by 72.1% during the 4th quarter. Advisory Alpha LLC now owns 2,072 shares of the conglomerate’s stock worth $435,000 after acquiring an additional 868 shares in the last quarter. Breakwater Capital Group boosted its stake in shares of Honeywell International by 2.0% during the 4th quarter. Breakwater Capital Group now owns 3,728 shares of the conglomerate’s stock worth $749,000 after acquiring an additional 74 shares in the last quarter. Finally, Seaside Wealth Management Inc. purchased a new stake in shares of Honeywell International during the 4th quarter worth approximately $205,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.4 %

HON traded down $0.89 during trading on Friday, hitting $203.69. The company’s stock had a trading volume of 3,377,778 shares, compared to its average volume of 2,908,121. The stock has a market cap of $132.33 billion, a PE ratio of 23.60, a PEG ratio of 2.32 and a beta of 1.04. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91. The firm’s 50 day moving average price is $210.09 and its 200-day moving average price is $202.62. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $220.79.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The business had revenue of $9.58 billion during the quarter, compared to the consensus estimate of $9.41 billion. During the same period in the prior year, the firm posted $2.23 EPS. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, analysts expect that Honeywell International Inc. will post 10.14 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 16th will be issued a $1.08 dividend. The ex-dividend date is Friday, August 16th. This represents a $4.32 annualized dividend and a yield of 2.12%. Honeywell International’s dividend payout ratio is currently 50.06%.

Insider Buying and Selling at Honeywell International

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 value of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.41% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company reduced their target price on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research note on Friday, July 26th. Royal Bank of Canada reduced their target price on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research note on Friday, July 26th. Daiwa America raised Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Deutsche Bank Aktiengesellschaft reaffirmed 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, April 16th. Finally, UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and boosted their price target for the company from $175.00 to $215.00 in a report on Monday, June 10th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average target price of $225.00.

About Honeywell International

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.