Honeywell International Inc. (NASDAQ:HON) Shares Sold by Aristotle Atlantic Partners LLC

Aristotle Atlantic Partners LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 18.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,627 shares of the conglomerate’s stock after selling 11,907 shares during the period. Aristotle Atlantic Partners LLC’s holdings in Honeywell International were worth $11,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA boosted its stake in shares of Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares during the period. World Investment Advisors lifted its holdings in Honeywell International by 137.7% during the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate’s stock worth $5,057,000 after buying an additional 12,969 shares in the last quarter. Coordinated Financial Services Inc. purchased a new position in Honeywell International in the 4th quarter valued at approximately $361,000. Costello Asset Management INC acquired a new position in shares of Honeywell International in the fourth quarter worth $3,092,000. Finally, Schroder Investment Management Group increased its position in shares of Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate’s stock worth $20,235,000 after acquiring an additional 10,092 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 1.6 %

Shares of NASDAQ HON opened at $214.13 on Friday. The business has a 50-day moving average price of $205.07 and a 200 day moving average price of $215.59. The stock has a market cap of $137.74 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 2.51 and a beta of 1.01. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last announced its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same period last year, the firm posted $2.25 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. 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 announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.11%. Honeywell International’s dividend payout ratio (DPR) is 51.95%.

Wall Street Analyst Weigh In

HON has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the stock from $236.00 to $260.00 in a report on Friday, February 7th. Royal Bank of Canada raised their target price on shares of Honeywell International from $211.00 to $226.00 and gave the company a “sector perform” rating in a report on Wednesday. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Citigroup reduced their price objective on shares of Honeywell International from $253.00 to $229.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average target price of $241.46.

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.