Honeywell International (NASDAQ:HON) Shares Down 0.1%

Honeywell International Inc. (NASDAQ:HON) traded down 0.1% on Monday . The company traded as low as $192.80 and last traded at $193.20. 410,779 shares traded hands during trading, a decline of 86% from the average session volume of 2,986,078 shares. The stock had previously closed at $193.45.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HON shares. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Barclays lifted their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Royal Bank of Canada decreased their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus price target of $215.71.

Honeywell International Trading Down 0.2 %

The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The firm’s fifty day moving average is $198.18 and its 200-day moving average is $196.40. The firm has a market cap of $125.73 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 2.21 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The company had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. Honeywell International’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $2.07 EPS. Equities analysts anticipate that Honeywell International Inc. will post 9.96 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 annualized dividend and a dividend yield of 2.24%. Honeywell International’s payout ratio is presently 50.06%.

Insider Activity at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the sale, the director now owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of Honeywell International

A number of large investors have recently made changes to their positions in the stock. Morton Capital Management LLC CA boosted its stake in shares of Honeywell International by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock valued at $1,077,000 after buying an additional 50 shares during the period. Wayfinding Financial LLC lifted its stake in shares of Honeywell International by 3.4% in the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock valued at $317,000 after purchasing an additional 50 shares during the period. Indiana Trust & Investment Management CO grew its stake in shares of Honeywell International by 0.9% in the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock valued at $1,167,000 after buying an additional 50 shares during the period. River Street Advisors LLC lifted its stake in shares of Honeywell International by 2.0% in the fourth quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock valued at $545,000 after buying an additional 50 shares in the last quarter. Finally, Triton Wealth Management PLLC boosted its position in shares of Honeywell International by 4.7% during the fourth quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock valued at $233,000 after buying an additional 51 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

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.