Realta Investment Advisors Sells 83 Shares of Honeywell International Inc. (NASDAQ:HON)

Realta Investment Advisors lessened its position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,099 shares of the conglomerate’s stock after selling 83 shares during the period. Realta Investment Advisors’ holdings in Honeywell International were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of HON. True Wealth Design LLC purchased a new position in shares of Honeywell International during the fourth quarter worth about $31,000. Fortis Capital Advisors LLC bought a new position in shares of Honeywell International in the 4th quarter worth $46,000. TFO Wealth Partners LLC raised its position in shares of Honeywell International by 105.6% during the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock valued at $41,000 after buying an additional 114 shares in the last quarter. Altshuler Shaham Ltd purchased a new position in Honeywell International in the fourth quarter worth $55,000. Finally, Raleigh Capital Management Inc. increased its stake in Honeywell International by 42.0% in the third quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock valued at $47,000 after acquiring an additional 76 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HON shares. Wells Fargo & Company upped their price objective on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 19th. Barclays lifted their price target on shares of Honeywell International from $225.00 to $230.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada lowered 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 note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $220.89.

View Our Latest Analysis on Honeywell International

Honeywell International Price Performance

Shares of Honeywell International stock opened at $202.01 on Tuesday. The firm has a market cap of $131.75 billion, a PE ratio of 23.85, a price-to-earnings-growth ratio of 2.31 and a beta of 1.02. The company’s fifty day simple moving average is $199.21 and its two-hundred day simple moving average is $195.36. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $210.87.

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

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Thursday, February 29th. Honeywell International’s payout ratio is currently 51.00%.

Honeywell International 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.

See Also

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

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