Honeywell International Inc. (NASDAQ:HON) Shares Sold by NBT Bank N A NY

NBT Bank N A NY lessened its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,807 shares of the conglomerate's stock after selling 1,604 shares during the quarter. NBT Bank N A NY's holdings in Honeywell International were worth $6,507,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the third quarter worth about $25,000. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $25,000. Hoese & Co LLP purchased a new position in shares of Honeywell International during the 4th quarter valued at approximately $30,000. Financial Avengers Inc. lifted its stake in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp boosted its holdings in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after buying an additional 81 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Shares of NASDAQ:HON traded down $0.70 during midday trading on Monday, hitting $213.82. The company had a trading volume of 4,171,890 shares, compared to its average volume of 4,331,652. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The stock has a market cap of $138.97 billion, a price-to-earnings ratio of 24.55, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The business's 50-day simple moving average is $216.50 and its 200-day simple moving average is $216.48.

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Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 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 predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.11%. Honeywell International's dividend payout ratio is currently 51.89%.

Analyst Ratings Changes

A number of research firms have weighed in on HON. Jefferies Financial Group lifted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Hsbc Global Res raised shares of Honeywell International to a "strong-buy" rating in a research note on Wednesday, December 11th. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday, November 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price target for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $249.38.

Insider Activity

In other Honeywell International 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 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 $8,644,066.20. This trade represents 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 available through the SEC website. Corporate insiders own 0.41% of the company's stock.

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.