360 Financial Inc. Sells 128 Shares of Honeywell International Inc. (NASDAQ:HON)

360 Financial Inc. lessened its position in shares of Honeywell International Inc. (NASDAQ:HON) by 6.4% in the 4th quarter, HoldingsChannel reports. The fund owned 1,885 shares of the conglomerate’s stock after selling 128 shares during the period. 360 Financial Inc.’s holdings in Honeywell International were worth $426,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA boosted its stake in Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after purchasing an additional 2,611 shares in the last quarter. World Investment Advisors lifted its stake in shares of Honeywell International by 137.7% during the fourth 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 during the period. Coordinated Financial Services Inc. purchased a new stake in shares of Honeywell International during the fourth quarter valued at $361,000. Costello Asset Management INC acquired a new position in shares of Honeywell International in the 4th quarter valued at $3,092,000. Finally, Schroder Investment Management Group lifted its position in Honeywell International by 12.7% during the 4th 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 institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday. Barclays reduced their price target on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Finally, Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $241.46.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction 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 sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by company insiders.

Honeywell International Stock Performance

NASDAQ HON opened at $210.74 on Friday. The stock has a market capitalization of $135.56 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 2.51 and a beta of 1.01. The stock has a 50-day moving average of $205.02 and a 200 day moving average of $215.61. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.25 EPS. Sell-side analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.14%. The ex-dividend date is Friday, May 16th. Honeywell International’s payout ratio is 51.95%.

Honeywell International 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.