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

AdvisorNet Financial Inc lowered its holdings in Honeywell International Inc. (NASDAQ:HONFree Report) by 1.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,659 shares of the conglomerate’s stock after selling 253 shares during the period. AdvisorNet Financial Inc’s holdings in Honeywell International were worth $3,703,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Lineweaver Wealth Advisors LLC lifted its stake in Honeywell International by 93.1% in the fourth quarter. Lineweaver Wealth Advisors LLC now owns 10,278 shares of the conglomerate’s stock worth $2,159,000 after acquiring an additional 4,954 shares during the last quarter. Ironwood Wealth Management LLC. lifted its stake in Honeywell International by 3.9% in the fourth quarter. Ironwood Wealth Management LLC. now owns 3,738 shares of the conglomerate’s stock worth $784,000 after acquiring an additional 140 shares during the last quarter. Chatham Capital Group Inc. lifted its stake in Honeywell International by 1.2% in the fourth quarter. Chatham Capital Group Inc. now owns 12,255 shares of the conglomerate’s stock worth $2,570,000 after acquiring an additional 150 shares during the last quarter. ICICI Prudential Asset Management Co Ltd lifted its stake in Honeywell International by 1.9% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 26,198 shares of the conglomerate’s stock worth $5,494,000 after acquiring an additional 491 shares during the last quarter. Finally, CMH Wealth Management LLC lifted its stake in Honeywell International by 1.5% in the fourth quarter. CMH Wealth Management LLC now owns 30,105 shares of the conglomerate’s stock worth $6,313,000 after acquiring an additional 442 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.45% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Barclays upped their price target on shares of Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Berenberg Bank upgraded shares of 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 research report on Wednesday, March 6th. Finally, Royal Bank of Canada reduced their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $220.89.

Get Our Latest Analysis on HON

Honeywell International Trading Up 0.1 %

Shares of HON stock opened at $205.25 on Monday. The firm has a market cap of $133.86 billion, a P/E ratio of 24.23, a PEG ratio of 2.31 and a beta of 1.02. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The firm’s 50-day simple moving average is $199.21 and its 200-day simple moving average is $195.33.

Honeywell International (NASDAQ:HONGet Free Report) last posted its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.52 EPS. As a group, equities analysts forecast that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.10%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is 51.00%.

Honeywell International Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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