Honeywell International Inc. (NASDAQ:HON) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,518 shares of the conglomerate's stock after selling 3,084 shares during the quarter. Honeywell International comprises approximately 0.9% of FineMark National Bank & Trust's portfolio, making the stock its 20th biggest position. FineMark National Bank & Trust's holdings in Honeywell International were worth $26,772,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of HON. Vanguard Group Inc. increased its position in Honeywell International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock worth $13,951,353,000 after purchasing an additional 380,299 shares during the period. State Street Corp grew its holdings in Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock worth $6,413,570,000 after acquiring an additional 92,112 shares during the period. Wellington Management Group LLP raised its position in Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock worth $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Honeywell International by 10.3% during the 4th quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate's stock worth $1,527,867,000 after purchasing an additional 631,761 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

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Honeywell International Trading Down 1.8 %

NASDAQ HON traded down $3.83 during mid-day trading on Friday, reaching $210.34. 3,253,329 shares of the stock were exchanged, compared to its average volume of 3,488,591. The stock has a market capitalization of $136.70 billion, a PE ratio of 24.15, a PEG ratio of 2.51 and a beta of 1.08. 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 1-year low of $189.75 and a 1-year high of $242.77. The business's fifty day simple moving average is $213.21 and its 200 day simple moving average is $216.98.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. Honeywell International's dividend payout ratio is presently 51.89%.

Insider Activity at Honeywell International

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 transaction 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 approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research analyst reports. StockNews.com downgraded shares of Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. HSBC upgraded Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and upped their target price for the company from $236.00 to $260.00 in a report on Friday, February 7th. The Goldman Sachs Group raised their price target on Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Finally, Barclays decreased their price objective on shares of Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research report on Wednesday. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $249.08.

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.