Honeywell International Inc. (NASDAQ:HON) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 27,742 shares of the conglomerate’s stock after selling 129 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Honeywell International were worth $6,267,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International in the 3rd quarter worth $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the 4th quarter valued at about $30,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International 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 sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.3 %

Shares of Honeywell International stock opened at $212.89 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business’s 50 day simple moving average is $218.57 and its 200-day simple moving average is $215.72. The stock has a market capitalization of $138.36 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.12%. Honeywell International’s dividend payout ratio is presently 51.89%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. The Goldman Sachs Group upped their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Barclays cut their target price on Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Morgan Stanley upped their target price on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Finally, Bank of America boosted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $248.71.

Honeywell International Company Profile

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.