Honeywell International Inc. $HON Shares Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 30.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,819 shares of the conglomerate’s stock after selling 2,156 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Honeywell International were worth $1,014,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Candriam S.C.A. lifted its stake in Honeywell International by 6.1% during the 3rd quarter. Candriam S.C.A. now owns 56,320 shares of the conglomerate’s stock valued at $11,855,000 after acquiring an additional 3,250 shares during the period. Meixler Investment Management Ltd. increased its stake in shares of Honeywell International by 21.2% in the third quarter. Meixler Investment Management Ltd. now owns 17,853 shares of the conglomerate’s stock worth $3,758,000 after acquiring an additional 3,117 shares during the period. Roman Butler Fullerton & Co. raised its holdings in shares of Honeywell International by 4.3% during the third quarter. Roman Butler Fullerton & Co. now owns 2,116 shares of the conglomerate’s stock worth $451,000 after purchasing an additional 87 shares during the last quarter. Lantz Financial LLC acquired a new position in Honeywell International during the third quarter valued at $312,000. Finally, AdvisorShares Investments LLC purchased a new stake in Honeywell International in the third quarter valued at $493,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

NASDAQ HON opened at $238.38 on Monday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.05 and a current ratio of 1.32. The stock’s fifty day moving average is $206.77 and its two-hundred day moving average is $208.52. The firm has a market capitalization of $151.35 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 3.46 and a beta of 0.94. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $239.08.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. The business had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. During the same quarter last year, the firm earned $2.47 EPS. The business’s revenue was up 6.4% compared to the same quarter last year. On average, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank Of Canada boosted their price target on Honeywell International from $249.00 to $268.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Wells Fargo & Company boosted their target price on shares of Honeywell International from $215.00 to $235.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Wall Street Zen upgraded shares of Honeywell International to a “hold” rating in a research report on Saturday, January 3rd. Bank of America reaffirmed an “underperform” rating and issued a $205.00 price objective (down previously from $265.00) on shares of Honeywell International in a report on Tuesday, November 18th. Finally, Mizuho lowered their target price on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Eleven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $244.50.

Insiders Place Their Bets

In related news, VP Robert D. Mailloux sold 10,549 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.