Honeywell International Inc. (NASDAQ:HON) Shares Sold by Seamount Financial Group Inc.

Seamount Financial Group Inc. cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,271 shares of the conglomerate’s stock after selling 117 shares during the period. Seamount Financial Group Inc.’s holdings in Honeywell International were worth $513,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HON. State Street Corp boosted its stake in shares of Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after acquiring an additional 92,112 shares during the last quarter. Wellington Management Group LLP raised its position in shares of Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares during the period. Janus Henderson Group PLC boosted its position in Honeywell International by 7.2% during the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock worth $822,458,000 after acquiring an additional 265,789 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Honeywell International by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate’s stock worth $782,232,000 after acquiring an additional 42,287 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Down 2.0 %

Honeywell International stock opened at $205.52 on Friday. The firm has a market capitalization of $133.64 billion, a P/E ratio of 23.73, a P/E/G ratio of 2.57 and a beta of 1.05. The company has a 50-day simple moving average of $225.07 and a 200-day simple moving average of $215.19. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. As a group, equities analysts expect that Honeywell International Inc. will post 9.78 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Barclays increased their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Bank of America upped their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Finally, Citigroup lowered their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Ten investment 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $248.86.

Honeywell International Company 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.