Honeywell International Inc. (NASDAQ:HON) Shares Sold by Natixis

Natixis cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 32.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,633 shares of the conglomerate's stock after selling 26,522 shares during the period. Natixis' holdings in Honeywell International were worth $12,567,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. boosted its stake in shares of Honeywell International by 1.0% in the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock worth $1,048,000 after acquiring an additional 45 shares during the period. ZWJ Investment Counsel Inc. lifted its holdings in Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock worth $327,000 after purchasing an additional 47 shares in the last quarter. Saxony Capital Management LLC boosted its stake in Honeywell International by 4.0% in the 4th quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after purchasing an additional 47 shares during the period. Magnus Financial Group LLC grew its holdings in Honeywell International by 0.5% during the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock valued at $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. raised its position in shares of Honeywell International by 0.3% during the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock valued at $3,524,000 after buying an additional 49 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Transactions at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the firm'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 owns 41,580 shares of the company's stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on HON shares. Royal Bank of Canada reduced their price target on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th. JPMorgan Chase & Co. dropped their price target on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Citigroup reduced their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Barclays lowered their target price on Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Finally, Wells Fargo & Company reduced their price target on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a research report on Friday, February 7th. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $242.15.

Honeywell International Trading Up 2.1 %

Shares of NASDAQ:HON traded up $4.14 on Tuesday, hitting $198.37. 4,345,267 shares of the company's stock were exchanged, compared to its average volume of 3,657,088. The business's 50 day simple moving average is $205.56 and its two-hundred day simple moving average is $216.01. The stock has a market capitalization of $127.60 billion, a price-to-earnings ratio of 22.77, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

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 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%. Analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio is currently 51.89%.

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.