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

Physicians Financial Services Inc. lessened its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 6,691 shares of the conglomerate’s stock after selling 150 shares during the period. Physicians Financial Services Inc.’s holdings in Honeywell International were worth $1,512,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Capital Corp MA ADV bought a new stake in Honeywell International during the 4th quarter worth approximately $365,000. Cordatus Wealth Management LLC increased its holdings in 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 during the period. Centricity Wealth Management LLC bought a new stake in Honeywell International during the 4th quarter worth approximately $341,000. Nicholson Wealth Management Group LLC increased its holdings in 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 during the period. Finally, Mattern Capital Management LLC increased its holdings in shares of Honeywell International by 2.7% in the 4th quarter. Mattern Capital Management LLC now owns 40,577 shares of the conglomerate’s stock worth $9,166,000 after buying an additional 1,079 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.3 %

Shares of HON opened at $211.35 on Friday. The stock has a market capitalization of $137.36 billion, a P/E ratio of 24.27, a PEG ratio of 2.47 and a beta of 1.05. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a fifty day simple moving average of $220.74 and a two-hundred day simple moving average of $215.17. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.14%. Honeywell International’s payout ratio is currently 51.89%.

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 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 completion of the transaction, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. UBS Group reissued a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Royal Bank of Canada decreased their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Finally, Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Ten 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 currently has an average rating of “Moderate Buy” and an average 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.