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Honeywell International Inc. (NASDAQ:HON) Shares Sold by New York State Common Retirement Fund

Honeywell International logo with Multi-Sector Conglomerates background

New York State Common Retirement Fund reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 892,700 shares of the conglomerate's stock after selling 7,700 shares during the period. New York State Common Retirement Fund owned approximately 0.14% of Honeywell International worth $201,652,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on HON shares. HSBC raised Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target for the company in a research note on Wednesday, December 11th. Jefferies Financial Group lifted their price target on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research note on Tuesday, December 17th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and lifted their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Barclays cut their price target on Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Finally, Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Honeywell International presently has an average rating of "Moderate Buy" and a consensus price target of $248.71.

Get Our Latest Report on HON

Honeywell International Trading Up 0.3 %

Shares of NASDAQ HON traded up $0.59 on Friday, reaching $211.94. 6,221,796 shares of the company traded hands, compared to its average volume of 4,177,537. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a 50 day moving average of $220.74 and a 200 day moving average of $215.17. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $137.74 billion, a PE ratio of 24.33, a P/E/G ratio of 2.50 and a beta of 1.05.

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

Honeywell International Announces Dividend

The company also recently announced 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. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International's payout ratio is currently 51.89%.

Insider Transactions at Honeywell International

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

Honeywell International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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