Honeywell International Inc. (NASDAQ:HON) Shares Sold by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A decreased its position in Honeywell International Inc. (NASDAQ:HONFree Report) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,490 shares of the conglomerate’s stock after selling 150 shares during the quarter. OLD Point Trust & Financial Services N A’s holdings in Honeywell International were worth $1,151,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HON. WealthPlan Investment Management LLC raised its holdings in Honeywell International by 98.7% in the third quarter. WealthPlan Investment Management LLC now owns 1,228 shares of the conglomerate’s stock valued at $227,000 after acquiring an additional 610 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Honeywell International in the third quarter valued at approximately $355,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Honeywell International during the third quarter worth approximately $102,000. Campbell & CO Investment Adviser LLC acquired a new stake in Honeywell International during the third quarter worth approximately $221,000. Finally, Canada Pension Plan Investment Board raised its holdings in Honeywell International by 57.3% during the third quarter. Canada Pension Plan Investment Board now owns 147,492 shares of the conglomerate’s stock worth $27,248,000 after purchasing an additional 53,700 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total value of $5,812,860.00. Following the transaction, the director now owns 203,510 shares in the company, valued at $41,507,899.60. The disclosure for this sale can be found here. 0.41% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HON has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Citigroup upped their price target on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday. Barclays boosted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $220.38.

Get Our Latest Analysis on HON

Honeywell International Trading Up 0.2 %

Shares of HON stock traded up $0.33 during trading hours on Friday, hitting $208.78. 2,563,323 shares of the company were exchanged, compared to its average volume of 2,449,661. The firm has a market cap of $135.96 billion, a PE ratio of 24.19, a PEG ratio of 2.21 and a beta of 1.03. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.97. 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 firm has a fifty day moving average of $198.93 and a 200 day moving average of $199.73.

Honeywell International (NASDAQ:HONGet Free Report) last posted its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.07 EPS. Analysts expect that Honeywell International Inc. will post 10.26 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 7th. Shareholders of record on Friday, May 17th were given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.07%. The ex-dividend date was Thursday, May 16th. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Honeywell International Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONFree Report).

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.