Physicians Financial Services Inc. Sells 150 Shares of Honeywell International Inc. (NASDAQ:HON)

Physicians Financial Services Inc. cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,691 shares of the conglomerate’s stock after selling 150 shares during the quarter. Physicians Financial Services Inc.’s holdings in Honeywell International were worth $1,512,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in HON. Compass Capital Corp MA ADV acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $365,000. Cordatus Wealth Management LLC boosted its position in shares of Honeywell International by 5.0% during the 4th quarter. Cordatus Wealth Management LLC now owns 6,869 shares of the conglomerate’s stock worth $1,551,000 after acquiring an additional 329 shares in the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $341,000. Nicholson Wealth Management Group LLC boosted its position in shares of Honeywell International by 72.9% during the 4th quarter. Nicholson Wealth Management Group LLC now owns 7,336 shares of the conglomerate’s stock worth $1,657,000 after acquiring an additional 3,093 shares in the last quarter. Finally, Mattern Capital Management LLC boosted its position in shares of Honeywell International by 2.7% during the 4th quarter. Mattern Capital Management LLC now owns 40,577 shares of the conglomerate’s stock worth $9,166,000 after acquiring an additional 1,079 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.3 %

Honeywell International stock opened at $211.35 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock has a market cap of $137.36 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The firm’s 50-day simple moving average is $220.74 and its 200 day simple moving average is $215.17.

Honeywell International (NASDAQ:HON) last released 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%. Research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $1.13 dividend. 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 51.89%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Citigroup reduced their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Morgan Stanley raised their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the company from $236.00 to $260.00 in a research report on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International has a consensus 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.