First American Trust FSB Purchases 1,785 Shares of Honeywell International Inc. (NASDAQ:HON)

First American Trust FSB lifted its position in Honeywell International Inc. (NASDAQ:HON) by 6.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,227 shares of the conglomerate’s stock after acquiring an additional 1,785 shares during the period. First American Trust FSB’s holdings in Honeywell International were worth $6,828,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Zions Bancorporation N.A. grew its holdings in Honeywell International by 7.4% in the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate’s stock worth $164,000 after purchasing an additional 50 shares during the period. Ashton Thomas Securities LLC boosted its position in shares of Honeywell International by 10.8% in the 4th quarter. Ashton Thomas Securities LLC now owns 1,248 shares of the conglomerate’s stock worth $282,000 after purchasing an additional 122 shares in the last quarter. Modern Wealth Management LLC grew its stake in shares of Honeywell International by 1,691.3% in the 4th quarter. Modern Wealth Management LLC now owns 89,763 shares of the conglomerate’s stock worth $18,717,000 after buying an additional 84,752 shares during the last quarter. EntryPoint Capital LLC bought a new position in Honeywell International during the 4th quarter valued at approximately $248,000. Finally, CoreFirst Bank & Trust purchased a new position in Honeywell International during the fourth quarter valued at $506,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Royal Bank of Canada reduced their price objective on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Barclays reduced their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday, February 10th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wells Fargo & Company reduced their target price on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. Finally, The Goldman Sachs Group upped their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Ten investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $249.38.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction on 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 in the company, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is currently owned by company insiders.

Honeywell International Stock Up 0.8 %

NASDAQ HON opened at $211.85 on Tuesday. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. 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 stock has a market cap of $137.69 billion, a PE ratio of 24.32, a P/E/G ratio of 2.51 and a beta of 1.08. The stock’s 50 day moving average is $213.88 and its 200 day moving average is $216.75.

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

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date was Friday, February 28th. Honeywell International’s payout ratio is presently 51.89%.

Honeywell International 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.