First Bank & Trust Sells 76 Shares of Honeywell International Inc. (NASDAQ:HON)

First Bank & Trust decreased its position in Honeywell International Inc. (NASDAQ:HON) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,824 shares of the conglomerate’s stock after selling 76 shares during the quarter. First Bank & Trust’s holdings in Honeywell International were worth $412,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC grew its stake in shares of Honeywell International by 9.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 22,068 shares of the conglomerate’s stock worth $4,985,000 after acquiring an additional 1,924 shares in the last quarter. Mcdaniel Terry & Co. grew its stake in shares of Honeywell International by 3.4% in the 4th quarter. Mcdaniel Terry & Co. now owns 140,246 shares of the conglomerate’s stock worth $31,680,000 after acquiring an additional 4,656 shares in the last quarter. Sunpointe LLC grew its position in Honeywell International by 10.0% during the fourth quarter. Sunpointe LLC now owns 1,421 shares of the conglomerate’s stock valued at $321,000 after buying an additional 129 shares during the period. Private Advisor Group LLC grew its position in Honeywell International by 3.1% during the fourth quarter. Private Advisor Group LLC now owns 88,468 shares of the conglomerate’s stock valued at $19,984,000 after buying an additional 2,627 shares during the period. Finally, Hudson Value Partners LLC grew its position in Honeywell International by 24.6% during the fourth quarter. Hudson Value Partners LLC now owns 2,857 shares of the conglomerate’s stock valued at $645,000 after buying an additional 564 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.3 %

Shares of Honeywell International stock opened at $211.35 on Friday. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The company has a market cap of $137.36 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 2.47 and a beta of 1.05. 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 company’s 50-day moving average price is $220.74 and its 200-day moving average price is $215.17.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. On average, equities analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International’s payout ratio is currently 51.89%.

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 that occurred 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 transaction, the vice president now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on HON. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. 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. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada reduced their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $248.71.

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.