Honeywell International Inc. (NASDAQ:HON) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 515,061 shares of the conglomerate’s stock after selling 5,565 shares during the quarter. Victory Capital Management Inc. owned approximately 0.08% of Honeywell International worth $116,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in HON. Howard Capital Management Group LLC grew its position in shares of Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after buying an additional 174 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Honeywell International by 5.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 29,295 shares of the conglomerate’s stock worth $6,056,000 after buying an additional 1,511 shares in the last quarter. Catalyst Capital Advisors LLC grew its position in shares of Honeywell International by 413.2% during the third quarter. Catalyst Capital Advisors LLC now owns 3,228 shares of the conglomerate’s stock worth $667,000 after buying an additional 2,599 shares in the last quarter. United Advisor Group LLC bought a new position in Honeywell International during the third quarter worth $383,000. Finally, Marks Group Wealth Management Inc lifted its stake in Honeywell International by 5.2% during the third quarter. Marks Group Wealth Management Inc now owns 44,210 shares of the conglomerate’s stock worth $9,139,000 after purchasing an additional 2,168 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction dated 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 completion of the sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Performance

HON stock opened at $209.62 on Thursday. The company has a market capitalization of $136.24 billion, a P/E ratio of 24.07, a PEG ratio of 2.51 and a beta of 1.05. The company has a 50-day simple moving average of $217.47 and a 200 day simple moving average of $216.10. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Sell-side analysts predict 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 issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Wall Street Analyst Weigh In

HON has been the topic of several research analyst reports. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Wells Fargo & Company reduced their price objective on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. UBS Group restated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. 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. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus price target 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.