Honeywell International Inc. (NASDAQ:HON) Shares Sold by Solstein Capital LLC

Solstein Capital LLC decreased its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 57.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,760 shares of the conglomerate's stock after selling 3,770 shares during the quarter. Solstein Capital LLC's holdings in Honeywell International were worth $623,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Capital Management Group LLC increased its stake in shares of Honeywell International by 6.7% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after purchasing an additional 174 shares during the last quarter. United Bank raised its stake in shares of Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate's stock valued at $1,692,000 after buying an additional 220 shares during the period. Royal London Asset Management Ltd. lifted its position in shares of Honeywell International by 3.9% during the 3rd quarter. Royal London Asset Management Ltd. now owns 271,201 shares of the conglomerate's stock valued at $56,060,000 after buying an additional 10,118 shares during the last quarter. Soros Fund Management LLC grew its stake in shares of Honeywell International by 18.3% during the 3rd quarter. Soros Fund Management LLC now owns 92,828 shares of the conglomerate's stock worth $19,188,000 after acquiring an additional 14,389 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc purchased a new stake in Honeywell International in the 3rd quarter worth about $434,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

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Honeywell International Price Performance

Shares of HON traded down $7.09 during mid-day trading on Thursday, hitting $192.01. 2,051,703 shares of the company were exchanged, compared to its average volume of 4,535,959. 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 Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The stock has a market cap of $124.79 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The company has a 50 day moving average of $208.35 and a 200-day moving average of $216.56.

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 for the quarter, topping analysts' consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is 51.89%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday. Wells Fargo & Company decreased their target price on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating on the stock in a report on Friday, February 7th. Barclays cut their price target on shares of Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Finally, Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $245.00.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.