First American Trust FSB Has $6.83 Million Position in Honeywell International Inc. (NASDAQ:HON)

First American Trust FSB increased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,227 shares of the conglomerate's stock after buying an additional 1,785 shares during the period. First American Trust FSB's holdings in Honeywell International were worth $6,828,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation N.A. grew its position in shares of Honeywell International by 7.4% in the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock valued at $164,000 after purchasing an additional 50 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in Honeywell International by 10.8% during the 4th quarter. Ashton Thomas Securities LLC now owns 1,248 shares of the conglomerate's stock valued at $282,000 after purchasing an additional 122 shares during the period. Modern Wealth Management LLC grew its holdings in Honeywell International by 1,691.3% in the 4th quarter. Modern Wealth Management LLC now owns 89,763 shares of the conglomerate's stock valued at $18,717,000 after buying an additional 84,752 shares during the last quarter. EntryPoint Capital LLC bought a new position in Honeywell International in the 4th quarter worth approximately $248,000. Finally, CoreFirst Bank & Trust acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $506,000. Institutional investors own 75.91% of the company's stock.

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Honeywell International Trading Down 1.8 %

Shares of HON stock traded down $3.83 on Friday, reaching $210.34. The company had a trading volume of 3,253,329 shares, compared to its average volume of 3,488,591. The company has a 50-day moving average of $213.21 and a 200-day moving average of $216.98. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The stock has a market cap 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 current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, equities analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. Honeywell International's dividend payout ratio (DPR) is currently 51.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HON shares. Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Jefferies Financial Group increased their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a research note on Tuesday, December 17th. Barclays lowered their price target on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research note on Wednesday. Finally, The Goldman Sachs Group raised their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $249.08.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.41% of the stock is currently owned by insiders.

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.