Fort Washington Investment Advisors Inc. OH Sells 185 Shares of Honeywell International Inc. (NASDAQ:HON)

Fort Washington Investment Advisors Inc. OH decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 8.8% in the 1st quarter, HoldingsChannel reports. The firm owned 1,911 shares of the conglomerate’s stock after selling 185 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Honeywell International were worth $405,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Capital World Investors bought a new position in shares of Honeywell International in the fourth quarter worth about $1,594,216,000. Raymond James Financial Inc. bought a new position in shares of Honeywell International in the fourth quarter worth about $435,786,000. ING Groep NV lifted its holdings in shares of Honeywell International by 884.0% in the fourth quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock worth $395,866,000 after acquiring an additional 1,574,376 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Honeywell International by 20,894.0% in the first quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate’s stock worth $2,809,110,000 after acquiring an additional 1,320,295 shares during the last quarter. Finally, Cibc World Markets Corp lifted its holdings in shares of Honeywell International by 411.8% in the fourth quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate’s stock worth $285,832,000 after acquiring an additional 1,018,099 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on HON shares. Mizuho increased their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Wells Fargo & Company raised their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Barclays dropped their price objective on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a report on Wednesday, April 30th. Wall Street Zen upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. Finally, Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a report on Wednesday, May 7th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.14.

Honeywell International Stock Performance

NASDAQ:HON opened at $224.29 on Friday. The company has a market capitalization of $144.15 billion, a PE ratio of 25.75, a P/E/G ratio of 2.51 and a beta of 1.08. The company has a 50 day simple moving average of $213.35 and a two-hundred day simple moving average of $216.13. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. The business had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.25 EPS. Research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International’s dividend payout ratio is presently 51.95%.

Honeywell International 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.