Aviva PLC Sells 7,327 Shares of Honeywell International Inc. (NASDAQ:HON)

Aviva PLC trimmed its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 395,486 shares of the conglomerate's stock after selling 7,327 shares during the period. Aviva PLC owned approximately 0.06% of Honeywell International worth $89,336,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Resona Asset Management Co. Ltd. acquired a new position in Honeywell International during the fourth quarter worth about $43,029,000. Smith Moore & CO. grew its stake in shares of Honeywell International by 3.1% in the 4th quarter. Smith Moore & CO. now owns 8,995 shares of the conglomerate's stock worth $2,032,000 after purchasing an additional 272 shares during the last quarter. Provident Investment Management Inc. bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $494,000. Yoffe Investment Management LLC acquired a new stake in Honeywell International during the fourth quarter valued at approximately $1,984,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Honeywell International by 4.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,671 shares of the conglomerate's stock worth $377,000 after buying an additional 67 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business's 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 sale, the vice president now owns 41,580 shares of the company's stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

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Honeywell International Stock Down 3.1 %

Shares of NASDAQ:HON traded down $6.21 during midday trading on Thursday, hitting $192.89. 2,133,585 shares of the stock were exchanged, compared to its average volume of 3,600,919. The business's fifty day simple moving average is $208.35 and its two-hundred day simple moving average is $216.56. 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 52-week low of $179.36 and a 52-week high of $242.77. The company has a market capitalization of $125.36 billion, a PE ratio of 22.13, a P/E/G ratio of 2.51 and a beta of 1.01.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.34%. The ex-dividend date was Friday, February 28th. Honeywell International's payout ratio is presently 51.89%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a research report on Tuesday, December 17th. Wells Fargo & Company decreased their price target on Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a research report on Friday, February 7th. JPMorgan Chase & Co. cut their price objective on Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday. Royal Bank of Canada decreased their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a report on Friday, February 7th. Finally, Morgan Stanley boosted their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $245.00.

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.