Honeywell International Inc. $HON Position Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 57.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 229,873 shares of the conglomerate’s stock after selling 315,871 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Honeywell International were worth $44,846,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HON. Holos Integrated Wealth LLC bought a new stake in Honeywell International during the fourth quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC grew its position in Honeywell International by 491.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after buying an additional 118 shares during the last quarter. JPL Wealth Management LLC bought a new position in shares of Honeywell International in the third quarter valued at $31,000. Howard Hughes Medical Institute bought a new position in shares of Honeywell International in the second quarter valued at $33,000. Finally, Cedar Mountain Advisors LLC lifted its position in shares of Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after acquiring an additional 84 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Transactions at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the transaction, the director owned 31,081 shares of the company’s stock, valued at $7,459,440. The trade was a 7.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president owned 4,803 shares in the company, valued at $1,147,917. This represents a 52.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 18,190 shares of company stock valued at $4,244,287 over the last 90 days. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $226.03 on Wednesday. The company’s fifty day moving average is $233.69 and its two-hundred day moving average is $213.16. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $248.18. The company has a market cap of $143.68 billion, a P/E ratio of 28.29, a price-to-earnings-growth ratio of 3.23 and a beta of 0.92.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, topping the consensus estimate of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The business had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter last year, the firm posted $2.47 earnings per share. Honeywell International’s revenue was up 6.4% compared to the same quarter last year. Equities analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a dividend of $1.19 per share. The ex-dividend date was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. Honeywell International’s dividend payout ratio (DPR) is presently 59.57%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HON shares. BNP Paribas Exane raised their price objective on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Sanford C. Bernstein set a $255.00 target price on Honeywell International in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft increased their price target on Honeywell International from $273.00 to $292.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Barclays lifted their price target on Honeywell International from $259.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Finally, Argus boosted their price objective on Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and an average price target of $252.54.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.