Honeywell International Inc. (NASDAQ:HON) Shares Sold by Fishman Jay A Ltd. MI

Fishman Jay A Ltd. MI cut its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 18.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,632 shares of the conglomerate's stock after selling 5,633 shares during the quarter. Honeywell International comprises approximately 0.5% of Fishman Jay A Ltd. MI's portfolio, making the stock its 26th biggest position. Fishman Jay A Ltd. MI's holdings in Honeywell International were worth $5,790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter valued at approximately $25,000. Hoese & Co LLP bought a new position in Honeywell International in the 4th quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in Honeywell International during the third quarter valued at $29,000. Financial Avengers Inc. increased its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp increased its stake in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

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Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $2.52 during midday trading on Friday, reaching $202.75. The company's stock had a trading volume of 5,348,878 shares, compared to its average volume of 3,948,731. The stock has a fifty day moving average of $222.30 and a 200 day moving average of $215.05. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $131.84 billion, a PE ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) 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%. On average, equities analysts expect that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.23%. Honeywell International's payout ratio is 51.89%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction on 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 directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.41% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on HON shares. Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research note on Thursday, November 14th. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. Morgan Stanley lifted their price objective on Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and increased their target price for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Wolfe Research downgraded shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a research report on Monday, October 28th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of "Moderate Buy" and an average price target of $248.71.

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.