Folger Nolan Fleming Douglas Capital Management Inc. Trims Position in Honeywell International Inc. (NASDAQ:HON)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,593 shares of the conglomerate’s stock after selling 565 shares during the quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Honeywell International were worth $6,416,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Morton Capital Management LLC CA increased its stake in Honeywell International by 0.9% during the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock valued at $1,077,000 after buying an additional 50 shares during the period. Wayfinding Financial LLC increased its stake in Honeywell International by 3.4% during the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock valued at $317,000 after buying an additional 50 shares during the period. Indiana Trust & Investment Management CO increased its stake in Honeywell International by 0.9% during the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock valued at $1,167,000 after buying an additional 50 shares during the period. River Street Advisors LLC increased its stake in Honeywell International by 2.0% during the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock valued at $545,000 after buying an additional 50 shares during the period. Finally, Triton Wealth Management PLLC increased its stake in Honeywell International by 4.7% during the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock valued at $233,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.2 %

NASDAQ:HON traded up $0.43 during trading hours on Friday, hitting $193.45. 3,041,537 shares of the stock traded hands, compared to its average volume of 2,666,853. The firm has a 50 day moving average price of $198.18 and a 200 day moving average price of $196.27. The company has a current ratio of 1.66, a quick ratio of 0.93 and a debt-to-equity ratio of 1.30. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87. The firm has a market cap of $125.97 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.21 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same period in the previous year, the business earned $2.07 EPS. The company’s revenue was up 2.7% on a year-over-year basis. Equities research analysts anticipate that Honeywell International Inc. will post 9.96 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is currently 50.06%.

Analysts Set New Price Targets

HON has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Royal Bank of Canada cut their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research note on Friday, February 2nd. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday. Barclays upped their price target on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Finally, Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $219.67.

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.