Bank of New Hampshire Decreases Position in Honeywell International Inc. (NASDAQ:HON)

Bank of New Hampshire decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,748 shares of the conglomerate’s stock after selling 1,568 shares during the period. Bank of New Hampshire’s holdings in Honeywell International were worth $1,205,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC increased its holdings in shares of Honeywell International by 57.3% in the third quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock valued at $589,462,000 after purchasing an additional 1,162,518 shares during the period. International Assets Investment Management LLC grew its holdings in Honeywell International by 6,557.2% during the fourth quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock worth $197,266,000 after acquiring an additional 926,531 shares during the period. Van ECK Associates Corp grew its holdings in Honeywell International by 853.0% during 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 during the period. Adage Capital Partners GP L.L.C. grew its holdings in 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 worth $346,365,000 after acquiring an additional 636,104 shares during the period. Finally, California Public Employees Retirement System grew its holdings in Honeywell International by 27.5% during the fourth quarter. California Public Employees Retirement System now owns 1,739,695 shares of the conglomerate’s stock worth $364,831,000 after acquiring an additional 375,158 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the sale, the director now owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Down 0.1 %

HON traded down $0.19 on Friday, reaching $192.83. The company’s stock had a trading volume of 1,242,772 shares, compared to its average volume of 2,995,823. The stock has a market cap of $125.57 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 2.23 and a beta of 1.02. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The business’s 50 day moving average is $198.25 and its 200 day moving average is $196.22.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter in the prior year, the business posted $2.07 earnings per share. Honeywell International’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio is presently 51.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HON shares. Royal Bank of Canada dropped their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reiterated 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. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, Barclays upped their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $219.67.

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.