Honeywell International Inc. (NASDAQ:HON) CFO Gregory P. Lewis Sells 25,209 Shares

Honeywell International Inc. (NASDAQ:HON) CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the sale, the chief financial officer now directly owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Honeywell International Trading Up 1.3 %

Shares of Honeywell International stock traded up $2.57 during trading on Wednesday, reaching $195.30. 5,084,572 shares of the stock were exchanged, compared to its average volume of 3,038,313. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The firm has a market cap of $127.18 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 2.23 and a beta of 1.02. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30. The stock’s fifty day moving average is $197.99 and its 200 day moving average is $196.54.

Honeywell International (NASDAQ:HON) last announced its 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. The company had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.07 earnings per share. As a group, equities research analysts expect that Honeywell International Inc. will post 9.95 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business 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 dividend yield of 2.21%. The ex-dividend date is Thursday, May 16th. Honeywell International’s dividend payout ratio is currently 50.06%.

Institutional Trading of Honeywell International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Accurate Wealth Management LLC boosted its stake in Honeywell International by 4.0% during the third quarter. Accurate Wealth Management LLC now owns 3,422 shares of the conglomerate’s stock worth $638,000 after acquiring an additional 131 shares in the last quarter. Vicus Capital grew its stake in shares of Honeywell International by 10.3% in the 3rd quarter. Vicus Capital now owns 1,980 shares of the conglomerate’s stock worth $366,000 after buying an additional 185 shares during the last quarter. First Pacific Financial increased its position in Honeywell International by 3,350.0% during the 3rd quarter. First Pacific Financial now owns 552 shares of the conglomerate’s stock valued at $102,000 after buying an additional 536 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Honeywell International by 5.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 139,940 shares of the conglomerate’s stock valued at $25,853,000 after buying an additional 6,952 shares during the last quarter. Finally, Mayfair Advisory Group LLC grew its stake in shares of Honeywell International by 7.3% in the third quarter. Mayfair Advisory Group LLC now owns 2,463 shares of the conglomerate’s stock worth $459,000 after acquiring an additional 168 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HON shares. Barclays increased their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. Royal Bank of Canada reduced their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Finally, Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.