Honeywell International Inc. (NASDAQ:HON) Shares Sold by Xponance Inc.

Xponance Inc. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,955 shares of the conglomerate's stock after selling 2,230 shares during the period. Xponance Inc.'s holdings in Honeywell International were worth $20,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Howard Capital Management Group LLC boosted its holdings in shares of Honeywell International by 6.7% in the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock valued at $571,000 after buying an additional 174 shares in the last quarter. United Bank boosted its holdings in shares of Honeywell International by 2.8% in the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate's stock valued at $1,692,000 after buying an additional 220 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $414,000. Adero Partners LLC boosted its holdings in shares of Honeywell International by 9.6% in the 3rd quarter. Adero Partners LLC now owns 1,269 shares of the conglomerate's stock valued at $262,000 after buying an additional 111 shares in the last quarter. Finally, Aljian Capital Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $216,000. 75.91% of the stock is currently owned by institutional investors.

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Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction 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 sale, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.41% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a research report on Tuesday, December 17th. StockNews.com lowered shares of Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and increased their price objective for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Citigroup decreased their price objective on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Ten investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Honeywell International has a consensus rating of "Hold" and an average price target of $249.38.

Honeywell International Stock Performance

HON traded down $0.77 during trading on Friday, reaching $210.12. 6,544,911 shares of the company's stock were exchanged, compared to its average volume of 3,224,633. 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 current ratio of 1.31 and a quick ratio of 1.01. The stock has a market capitalization of $136.56 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company's fifty day simple moving average is $214.02 and its 200-day simple moving average is $216.53.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date was Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is 51.89%.

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.