Honeywell International (NASDAQ:HON) Shares Down 0.1%

Honeywell International Inc. (NASDAQ:HON - Get Free Report)'s share price was down 0.1% during mid-day trading on Monday . The company traded as low as $192.80 and last traded at $193.20. Approximately 410,779 shares were traded during trading, a decline of 86% from the average daily volume of 2,986,078 shares. The stock had previously closed at $193.45.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HON shares. Royal Bank of Canada decreased their target price on Honeywell International from $210.00 to $209.00 and set a "sector perform" rating for the company in a research report on Friday, February 2nd. Berenberg Bank raised Honeywell International from a "hold" rating to a "buy" rating and upped their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. StockNews.com cut Honeywell International from a "buy" rating to a "hold" rating in a research report on Friday. Finally, Barclays increased their price objective on Honeywell International from $230.00 to $232.00 and gave the company an "overweight" rating in a research report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of "Hold" and an average target price of $215.71.

Honeywell International Stock Up 0.2 %

The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $126.18 billion, a P/E ratio of 22.45, a PEG ratio of 2.21 and a beta of 1.02. The firm has a 50-day moving average price of $198.11 and a two-hundred day moving average price of $196.47.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating analysts' consensus estimates of $2.17 by $0.08. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. Honeywell International's revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.07 earnings per share. Equities research analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.23%. Honeywell International's dividend payout ratio is currently 50.06%.

Insiders Place Their Bets

In other news, Director Darius Adamczyk sold 25,500 shares of the firm's stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company's stock.

Institutional Trading of Honeywell International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Patriot Financial Group Insurance Agency LLC boosted its holdings in Honeywell International by 5.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,780 shares of the conglomerate's stock valued at $329,000 after acquiring an additional 89 shares during the last quarter. Brookstone Capital Management boosted its holdings in Honeywell International by 12.5% in the third quarter. Brookstone Capital Management now owns 43,441 shares of the conglomerate's stock valued at $7,918,000 after acquiring an additional 4,843 shares during the last quarter. PDS Planning Inc boosted its holdings in Honeywell International by 3.0% in the third quarter. PDS Planning Inc now owns 2,045 shares of the conglomerate's stock valued at $378,000 after acquiring an additional 60 shares during the last quarter. Boyd Watterson Asset Management LLC OH boosted its holdings in Honeywell International by 4.6% in the third quarter. Boyd Watterson Asset Management LLC OH now owns 26,728 shares of the conglomerate's stock valued at $4,938,000 after acquiring an additional 1,179 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in Honeywell International by 1.8% in the third quarter. Commonwealth Equity Services LLC now owns 383,307 shares of the conglomerate's stock valued at $70,812,000 after acquiring an additional 6,686 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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.