Honeywell International Inc. (NASDAQ:HON) Shares Sold by Montchanin Asset Management LLC

Montchanin Asset Management LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,990 shares of the conglomerate's stock after selling 1,550 shares during the quarter. Honeywell International accounts for approximately 2.4% of Montchanin Asset Management LLC's portfolio, making the stock its 11th largest holding. Montchanin Asset Management LLC's holdings in Honeywell International were worth $2,483,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in HON. Toronto Dominion Bank lifted its stake in Honeywell International by 5.8% in the 4th quarter. Toronto Dominion Bank now owns 346,021 shares of the conglomerate's stock valued at $78,163,000 after buying an additional 19,010 shares in the last quarter. GF Fund Management CO. LTD. acquired a new position in shares of Honeywell International during the fourth quarter valued at approximately $27,838,000. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at approximately $420,000. Hudson Value Partners LLC boosted its stake in shares of Honeywell International by 24.6% in the fourth quarter. Hudson Value Partners LLC now owns 2,857 shares of the conglomerate's stock worth $645,000 after acquiring an additional 564 shares during the last quarter. Finally, GTS Securities LLC increased its position in shares of Honeywell International by 183.8% during the fourth quarter. GTS Securities LLC now owns 2,852 shares of the conglomerate's stock worth $644,000 after purchasing an additional 6,257 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Up 2.0%

Shares of Honeywell International stock traded up $4.43 during trading hours on Tuesday, hitting $226.46. The company's stock had a trading volume of 3,090,753 shares, compared to its average volume of 3,788,241. The business has a fifty day moving average of $207.87 and a 200 day moving average of $216.25. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a market capitalization of $145.54 billion, a PE ratio of 26.00, a P/E/G 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, beating analysts' consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.25 earnings per share. As a group, equities analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.00%. Honeywell International's dividend payout ratio is presently 51.95%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft upgraded 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 report on Friday, February 7th. Citigroup lowered their target price on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a report on Monday, April 14th. JPMorgan Chase & Co. increased their price target on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, Barclays lowered their price objective on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Honeywell International has an average rating of "Moderate Buy" and an average target price of $245.57.

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.