Honeywell International Inc. (NASDAQ:HON) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 31.5% in the 1st quarter, Holdings Channel reports. The fund owned 1,642 shares of the conglomerate’s stock after selling 755 shares during the quarter. Cozad Asset Management Inc.’s holdings in Honeywell International were worth $337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD increased its holdings in Honeywell International by 32.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,840,959 shares of the conglomerate’s stock valued at $1,644,328,000 after buying an additional 1,899,373 shares in the last quarter. Northern Trust Corp increased its stake in Honeywell International by 0.3% in the fourth quarter. Northern Trust Corp now owns 6,451,134 shares of the conglomerate’s stock valued at $1,352,867,000 after purchasing an additional 17,591 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Honeywell International by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,621,544 shares of the conglomerate’s stock worth $759,474,000 after buying an additional 66,213 shares during the period. Capital Research Global Investors boosted its holdings in Honeywell International by 20.4% in the fourth quarter. Capital Research Global Investors now owns 3,189,925 shares of the conglomerate’s stock valued at $668,959,000 after acquiring an additional 539,644 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Honeywell International by 12.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,473,627 shares of the conglomerate’s stock valued at $518,740,000 after purchasing an additional 269,739 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Honeywell International stock opened at $219.08 on Thursday. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $220.71. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The company has a market cap of $142.66 billion, a P/E ratio of 25.52, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04. The firm’s 50 day simple moving average is $208.81 and its 200-day simple moving average is $202.19.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The company had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter in the previous year, the business posted $2.07 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities research analysts predict that Honeywell International Inc. will post 10.19 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 17th were issued a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 1.97%. Honeywell International’s dividend payout ratio is currently 50.06%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the sale, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total value 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 SEC, which is available through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the transaction, the director now owns 203,510 shares in the company, valued at $41,507,899.60. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HON. Barclays boosted their price objective 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. Royal Bank of Canada decreased their target price on Honeywell International from $222.00 to $218.00 and set a “sector perform” rating for the company in a research report on Tuesday, June 4th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Wells Fargo & Company increased their price objective on shares of Honeywell International from $205.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 10th. Finally, Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $225.63.

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.