Honeywell International Inc. (NASDAQ:HON) Shares Sold by Sei Investments Co.

Sei Investments Co. lessened its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 449,258 shares of the conglomerate's stock after selling 23,687 shares during the quarter. Sei Investments Co. owned about 0.07% of Honeywell International worth $101,483,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Mainstream Capital Management LLC purchased a new position in Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co grew its holdings in Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after buying an additional 75 shares in the last quarter. Hoese & Co LLP purchased a new stake in Honeywell International in the 4th quarter valued at $30,000. Finally, Financial Avengers Inc. increased 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 worth $32,000 after acquiring an additional 50 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

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Honeywell International Stock Up 0.5 %

Shares of Honeywell International stock traded up $1.05 during trading hours on Thursday, reaching $214.17. 3,584,255 shares of the company were exchanged, compared to its average volume of 3,246,102. The firm has a market cap of $139.19 billion, a PE ratio of 24.59, a PEG ratio of 2.51 and a beta of 1.08. The stock's fifty day moving average is $213.62 and its 200 day moving average is $216.83. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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%. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

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

Wall Street Analyst Weigh In

HON has been the subject of a number of analyst reports. Morgan Stanley upped their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Citigroup reduced their price target on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a research report on Monday, January 13th. Royal Bank of Canada lowered their price objective on Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research report on Friday, February 7th. Barclays reduced their target price on Honeywell International from $251.00 to $247.00 and set an "overweight" rating on the stock in a research report on Wednesday. Finally, HSBC upgraded Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of "Hold" and an average target price of $249.08.

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.