Honeywell International Inc. (NASDAQ:HON) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP lowered its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 86.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,400 shares of the conglomerate's stock after selling 8,800 shares during the quarter. Two Sigma Advisers LP's holdings in Honeywell International were worth $316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. World Investment Advisors increased its holdings in shares of Honeywell International by 137.7% in the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after buying an additional 12,969 shares during the last quarter. Coordinated Financial Services Inc. bought a new position in Honeywell International during the 4th quarter valued at about $361,000. Schroder Investment Management Group grew its holdings in Honeywell International by 12.7% during the 4th quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after purchasing an additional 10,092 shares during the last quarter. Raymond James Financial Inc. bought a new position in Honeywell International during the 4th quarter valued at about $435,786,000. Finally, Dynasty Wealth Management LLC grew its holdings in Honeywell International by 52.1% during the 4th quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock valued at $2,559,000 after purchasing an additional 3,879 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Trading Up 0.9%

Shares of NASDAQ HON traded up $2.11 during midday trading on Friday, reaching $228.78. 2,215,743 shares of the stock were exchanged, compared to its average volume of 3,819,135. The company has a 50 day simple moving average of $210.44 and a 200 day simple moving average of $216.22. The stock has a market capitalization of $147.03 billion, a P/E ratio of 26.27, a PEG ratio of 2.51 and a beta of 1.08. 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 twelve month low of $179.36 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results 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 business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The business's revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 EPS. As a group, equities analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio is presently 51.95%.

Analyst Ratings Changes

Several equities analysts recently commented on HON shares. Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a research note on Wednesday, May 7th. Mizuho upped 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 raised shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price target for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $248.14.

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.