Financial Counselors Inc. Has $40.13 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Financial Counselors Inc. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 177,654 shares of the conglomerate’s stock after selling 2,424 shares during the quarter. Financial Counselors Inc.’s holdings in Honeywell International were worth $40,130,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Howard Capital Management Group LLC raised its holdings in Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after purchasing an additional 174 shares during the period. United Bank increased its position in shares of Honeywell International by 2.8% in the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate’s stock valued at $1,692,000 after buying an additional 220 shares in the last quarter. Larson Financial Group LLC raised its stake in Honeywell International by 29.4% during the 3rd quarter. Larson Financial Group LLC now owns 4,206 shares of the conglomerate’s stock worth $869,000 after buying an additional 955 shares during the period. Summit Trail Advisors LLC lifted its holdings in Honeywell International by 12.5% during the third quarter. Summit Trail Advisors LLC now owns 5,185 shares of the conglomerate’s stock worth $1,072,000 after acquiring an additional 575 shares in the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Honeywell International by 2.2% in the 3rd quarter. Fisher Asset Management LLC now owns 167,350 shares of the conglomerate’s stock valued at $34,593,000 after purchasing an additional 3,632 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The stock was 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 owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of recent research reports. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Citigroup cut their target price 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. The Goldman Sachs Group upped their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $249.38.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $212.12 on Wednesday. The stock has a market cap of $137.86 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm’s 50-day moving average is $213.75 and its 200 day moving average is $216.85.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a yield of 2.13%. Honeywell International’s payout ratio is 51.89%.

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.