Honeywell International Inc. (NASDAQ:HON) Holdings Decreased by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 30.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,759 shares of the conglomerate's stock after selling 8,603 shares during the period. Kovitz Investment Group Partners LLC's holdings in Honeywell International were worth $4,144,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC increased its position in shares of Honeywell International by 57.3% during the third quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate's stock worth $589,462,000 after purchasing an additional 1,162,518 shares in the last quarter. International Assets Investment Management LLC raised its stake in Honeywell International by 6,557.2% in the fourth quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate's stock valued at $197,266,000 after buying an additional 926,531 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Honeywell International by 853.0% in the third quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate's stock worth $163,980,000 after acquiring an additional 794,489 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its holdings in shares of Honeywell International by 51.3% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate's stock valued at $346,365,000 after acquiring an additional 636,104 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Honeywell International by 27.5% in the 4th quarter. California Public Employees Retirement System now owns 1,739,695 shares of the conglomerate's stock valued at $364,831,000 after purchasing an additional 375,158 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

HON traded up $2.29 during trading on Friday, hitting $202.92. The company's stock had a trading volume of 2,318,408 shares, compared to its average volume of 2,916,214. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $132.14 billion, a price-to-earnings ratio of 23.51, a P/E/G ratio of 2.32 and a beta of 1.02. The business's fifty day simple moving average is $197.69 and its 200 day simple moving average is $197.13. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.07 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company 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. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 annualized dividend and a yield of 2.13%. Honeywell International's dividend payout ratio (DPR) is currently 50.06%.

Insider Buying and Selling at Honeywell International

In other news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the sale, the chief financial officer now directly owns 55,471 shares of the company's stock, valued at $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the transaction, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Gregory P. Lewis sold 25,209 shares of the company's stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares of the company's stock, valued at $10,709,231.26. The disclosure for this sale can be found here. Insiders own 0.41% of the company's stock.

Wall Street Analysts Forecast Growth

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

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.