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

AQR Capital Management LLC lessened its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 36.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,565 shares of the conglomerate's stock after selling 28,997 shares during the period. AQR Capital Management LLC's holdings in Honeywell International were worth $11,196,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $25,000. Avalon Trust Co lifted 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 purchasing an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter worth $30,000. Curio Wealth LLC acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $35,000. Finally, Alexis Investment Partners LLC purchased a new stake in Honeywell International during the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.7 %

Shares of NASDAQ HON traded down $1.51 during midday trading on Friday, reaching $213.03. 2,393,982 shares of the company's stock were exchanged, compared to its average volume of 3,741,621. 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 52-week low of $179.36 and a 52-week high of $242.77. The business's fifty day moving average price is $205.16 and its two-hundred day moving average price is $215.40. The stock has a market capitalization of $136.91 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The company had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the previous year, the business earned $2.25 EPS. Honeywell International's revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.12%. Honeywell International's payout ratio is 51.95%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business's stock in a transaction 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 completion of the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.41% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HON shares. Barclays lowered their target price on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. Wells Fargo & Company upped their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Finally, Royal Bank of Canada boosted their target price on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 30th. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of "Moderate Buy" and an average target price of $242.23.

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.