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

Securian Asset Management Inc. lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 12.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,752 shares of the conglomerate’s stock after selling 5,894 shares during the quarter. Securian Asset Management Inc.’s holdings in Honeywell International were worth $8,756,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Industrial Alliance Investment Management Inc. grew its position in Honeywell International by 1,205.8% in the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock worth $627,000 after purchasing an additional 3,135 shares during the last quarter. Jag Capital Management LLC grew its holdings in Honeywell International by 40.8% in the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock worth $299,000 after buying an additional 469 shares in the last quarter. Shulman DeMeo Asset Management LLC increased its position in Honeywell International by 11.1% in the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock valued at $354,000 after acquiring an additional 169 shares during the period. Torray Investment Partners LLC raised its stake in Honeywell International by 0.3% during the 4th quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock valued at $12,312,000 after acquiring an additional 190 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH boosted its position in Honeywell International by 0.3% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after acquiring an additional 89 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 0.3 %

Shares of NASDAQ:HON traded down $0.65 during midday trading on Friday, reaching $205.97. The company had a trading volume of 2,267,215 shares, compared to its average volume of 2,886,022. The company has a fifty day simple moving average of $198.17 and a two-hundred day simple moving average of $198.15. The firm has a market cap of $134.13 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 2.38 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 1.30, a quick ratio of 1.28 and a current ratio of 1.66.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $2.07 earnings per share. Research analysts predict that Honeywell International Inc. will post 9.93 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, May 16th. Honeywell International’s payout ratio is 50.06%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HON. Barclays increased their target price on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada cut their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $215.71.

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.