Honeywell International Inc. (NASDAQ:HON) Position Decreased by Caxton Associates LP

Caxton Associates LP reduced its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 66.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,640 shares of the conglomerate's stock after selling 3,289 shares during the quarter. Caxton Associates LP's holdings in Honeywell International were worth $370,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA raised its holdings in shares of Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock valued at $15,203,000 after acquiring an additional 2,611 shares during the period. World Investment Advisors raised its stake in Honeywell International by 137.7% during the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock valued at $5,057,000 after purchasing an additional 12,969 shares during the period. Coordinated Financial Services Inc. acquired a new stake in shares of Honeywell International in the fourth quarter worth $361,000. Costello Asset Management INC purchased a new position in shares of Honeywell International during the fourth quarter valued at $3,092,000. Finally, Schroder Investment Management Group raised its position in Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after buying an additional 10,092 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of HON opened at $214.61 on Thursday. The company has a market capitalization of $137.93 billion, a PE ratio of 24.64, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company's fifty day moving average price is $205.11 and its 200 day moving average price is $215.44.

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, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same period in the previous year, the company posted $2.25 earnings per share. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International's payout ratio is currently 51.95%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Barclays dropped their target price on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Citigroup cut their target price on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research report on Monday, April 14th. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $205.00 to $178.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and lifted their price objective for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Morgan Stanley raised their price target on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Nine 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. According to MarketBeat.com, Honeywell International presently has a consensus rating of "Moderate Buy" and a consensus target price of $242.23.

Insiders Place Their Bets

In other news, VP Anne T. Madden sold 28,885 shares of the company's stock in a transaction dated 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 transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.41% of the company's stock.

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.

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