Quilter Plc Sells 28,370 Shares of Honeywell International Inc. (NASDAQ:HON)

Quilter Plc reduced its position in Honeywell International Inc. (NASDAQ:HON) by 26.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,616 shares of the conglomerate’s stock after selling 28,370 shares during the quarter. Quilter Plc’s holdings in Honeywell International were worth $18,210,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth approximately $29,000. Hoese & Co LLP acquired a new stake in Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp boosted its position in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $205.52 on Monday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12. The firm has a market cap of $133.64 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 2.55 and a beta of 1.05. The company has a fifty day moving average price of $224.52 and a 200-day moving average price of $215.10.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts predict that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Bank of America boosted 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. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.