Honeywell International Inc. (NASDAQ:HON) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its holdings in Honeywell International Inc. (NASDAQ:HON – Get Rating) by 12.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 92,836 shares of the conglomerate’s stock after selling 13,284 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Honeywell International were worth $15,502,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC lifted its stake in shares of Honeywell International by 51.9% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 164 shares of the conglomerate’s stock worth $27,000 after buying an additional 56 shares in the last quarter. St. James Investment Advisors LLC lifted its stake in shares of Honeywell International by 39.4% in the third quarter. St. James Investment Advisors LLC now owns 184 shares of the conglomerate’s stock worth $31,000 after buying an additional 52 shares in the last quarter. Ameliora Wealth Management Ltd. purchased a new position in shares of Honeywell International in the third quarter worth about $33,000. American National Bank lifted its stake in shares of Honeywell International by 222.2% in the third quarter. American National Bank now owns 203 shares of the conglomerate’s stock worth $34,000 after buying an additional 140 shares in the last quarter. Finally, Cowa LLC purchased a new position in shares of Honeywell International in the third quarter worth about $40,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 2.4 %

Shares of HON stock opened at $184.64 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market capitalization of $123.37 billion, a P/E ratio of 25.40, a price-to-earnings-growth ratio of 2.40 and a beta of 1.10. The company has a 50 day moving average price of $201.18 and a 200 day moving average price of $199.27. Honeywell International Inc. has a fifty-two week low of $166.63 and a fifty-two week high of $220.96.

Honeywell International (NASDAQ:HON – Get Rating) last announced its quarterly earnings data on Thursday, February 2nd. The conglomerate reported $2.52 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.01. The firm had revenue of $9.19 billion during the quarter, compared to analysts’ expectations of $9.26 billion. Honeywell International had a net margin of 14.00% and a return on equity of 32.89%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.09 earnings per share. Equities research analysts predict that Honeywell International Inc. will post 9.03 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Investors of record on Friday, February 24th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date was Thursday, February 23rd. Honeywell International’s dividend payout ratio (DPR) is currently 56.67%.

Analyst Ratings Changes

Several research firms have recently weighed in on HON. The Goldman Sachs Group raised their price target on shares of Honeywell International to $234.00 in a research note on Monday, November 21st. Credit Suisse Group reduced their target price on shares of Honeywell International from $202.00 to $200.00 and set a “neutral” rating on the stock in a research note on Friday, February 3rd. JPMorgan Chase & Co. lifted their target price on shares of Honeywell International from $205.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, February 3rd. Royal Bank of Canada lifted their target price on shares of Honeywell International from $199.00 to $204.00 and gave the stock a “sector perform” rating in a research note on Friday, February 3rd. Finally, UBS Group reduced their target price on shares of Honeywell International from $193.00 to $185.00 and set a “sell” rating on the stock in a research note on Tuesday, February 28th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $214.88.

Honeywell International Company Profile

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Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation.