Honeywell International Inc. (NASDAQ:HON) Shares Sold by GS Investments Inc.

GS Investments Inc. reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,782 shares of the conglomerate’s stock after selling 524 shares during the period. GS Investments Inc.’s holdings in Honeywell International were worth $2,436,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HON. Royal London Asset Management Ltd. increased its holdings in Honeywell International by 1.3% in the 4th quarter. Royal London Asset Management Ltd. now owns 274,796 shares of the conglomerate’s stock worth $62,074,000 after buying an additional 3,595 shares during the period. First Financial Bankshares Inc boosted its holdings in shares of Honeywell International by 0.3% in the 4th quarter. First Financial Bankshares Inc now owns 348,630 shares of the conglomerate’s stock valued at $78,752,000 after acquiring an additional 1,022 shares during the last quarter. GM Advisory Group LLC raised its holdings in shares of Honeywell International by 3.3% during the fourth quarter. GM Advisory Group LLC now owns 5,900 shares of the conglomerate’s stock worth $1,333,000 after purchasing an additional 188 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in shares of Honeywell International by 47.6% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 44,161 shares of the conglomerate’s stock worth $9,936,000 after purchasing an additional 14,235 shares during the last quarter. Finally, WIM INVESTMENT MANAGEMENT Ltd purchased a new stake in Honeywell International in the fourth quarter valued at $4,631,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. Royal Bank of Canada reduced their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Citigroup reduced their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Barclays lowered their price objective on Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $249.38.

Honeywell International Trading Down 0.5 %

Shares of HON opened at $208.65 on Thursday. The firm has a 50-day moving average price of $214.37 and a 200 day moving average price of $216.56. The firm has a market capitalization of $135.61 billion, a P/E ratio of 23.96, a P/E/G ratio of 2.51 and a beta of 1.08. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.17%. Honeywell International’s payout ratio is currently 51.89%.

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.