Public Employees Retirement System of Ohio Sells 13,019 Shares of Honeywell International Inc. (NASDAQ:HON)

Public Employees Retirement System of Ohio decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 278,664 shares of the conglomerate's stock after selling 13,019 shares during the period. Public Employees Retirement System of Ohio's holdings in Honeywell International were worth $62,947,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Valmark Advisers Inc. increased its stake in shares of Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock valued at $1,048,000 after purchasing an additional 45 shares during the last quarter. Saxony Capital Management LLC boosted its stake in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock valued at $277,000 after buying an additional 47 shares in the last quarter. Bill Few Associates Inc. grew its position in Honeywell International by 0.3% in the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock valued at $3,524,000 after acquiring an additional 49 shares during the last quarter. Claris Advisors LLC MO boosted its stake in shares of Honeywell International by 4.8% in the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock valued at $241,000 after purchasing an additional 49 shares in the last quarter. Finally, Avantax Planning Partners Inc. lifted its stake in Honeywell International by 1.4% in the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock valued at $777,000 after purchasing an additional 49 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 0.6%

NASDAQ:HON traded down $1.27 on Wednesday, reaching $225.19. 1,096,919 shares of the stock traded hands, compared to its average volume of 3,777,966. The company has a current ratio of 1.31, a quick ratio of 1.01 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's 50 day moving average is $208.18 and its 200-day moving average is $216.32. The firm has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.88, 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 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same period in the prior year, the firm posted $2.25 EPS. The company's quarterly revenue was up 7.9% on a year-over-year basis. Equities research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio is 51.95%.

Analyst Ratings Changes

HON has been the topic of a number of research reports. Mizuho boosted their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Royal Bank of Canada increased their target price on Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 30th. Wells Fargo & Company lifted their price target on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Finally, Citigroup lowered their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $245.57.

About Honeywell International

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.