TIAA Trust National Association Trims Holdings in Honeywell International Inc. (NASDAQ:HON)

TIAA Trust National Association lessened its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 41.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,066 shares of the conglomerate's stock after selling 50,798 shares during the period. TIAA Trust National Association's holdings in Honeywell International were worth $16,053,000 at the end of the most recent reporting period.

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

Honeywell International Price Performance

HON traded down $3.83 during trading on Friday, reaching $210.34. The stock had a trading volume of 3,253,329 shares, compared to its average volume of 3,488,591. The business has a 50-day moving average of $213.21 and a 200-day moving average of $216.87. Honeywell International Inc. has a one year low of $189.75 and a one 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. The stock has a market cap of $136.70 billion, a PE ratio of 24.15, a PEG ratio of 2.51 and a beta of 1.08.

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

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.15%. Honeywell International's payout ratio is 51.89%.

Insider Activity

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business'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 sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.41% of the company's stock.

Analyst Upgrades and Downgrades

HON has been the topic of several recent research reports. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective on the stock in a report on Wednesday, December 11th. Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 11th. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a research note on Wednesday, December 11th. Wells Fargo & Company dropped their target price on 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. Finally, Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Honeywell International has a consensus rating of "Hold" and an average target price of $249.08.

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.