Honeywell International Inc. (NASDAQ:HON) Shares Sold by Keystone Financial Group

Keystone Financial Group lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 19.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,072 shares of the conglomerate’s stock after selling 261 shares during the quarter. Keystone Financial Group’s holdings in Honeywell International were worth $225,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in HON. Altshuler Shaham Ltd purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $27,000. Cordant Inc. purchased a new position in Honeywell International during the fourth quarter worth $31,000. Rakuten Securities Inc. purchased a new stake in shares of Honeywell International in the fourth quarter valued at $31,000. Financial Connections Group Inc. acquired a new stake in shares of Honeywell International during the fourth quarter valued at $37,000. Finally, Atlantic Edge Private Wealth Management LLC purchased a new stake in Honeywell International during the 4th quarter worth about $45,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $0.03 during trading on Wednesday, hitting $203.54. 394,063 shares of the company traded hands, compared to its average volume of 2,925,446. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The business’s fifty day moving average is $198.34 and its 200-day moving average is $198.48. The stock has a market capitalization of $132.54 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 2.36 and a beta of 1.02. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.07 earnings per share. As a group, equities analysts predict that Honeywell International Inc. will post 9.93 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a $1.08 dividend. The ex-dividend date is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.12%. Honeywell International’s dividend payout ratio is presently 50.06%.

Analyst Ratings Changes

HON has been the topic of several recent analyst reports. Royal Bank of Canada reduced their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Barclays boosted their target price on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Finally, Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $215.71.

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.