Earned Wealth Advisors LLC Invests $624,000 in Honeywell International Inc. $HON

Earned Wealth Advisors LLC acquired a new position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,198 shares of the conglomerate’s stock, valued at approximately $624,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FSM Wealth Advisors LLC increased its position in shares of Honeywell International by 1.1% during the fourth quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock worth $825,000 after purchasing an additional 46 shares in the last quarter. Nova R Wealth Inc. grew its stake in Honeywell International by 3.0% during the 3rd quarter. Nova R Wealth Inc. now owns 1,594 shares of the conglomerate’s stock worth $335,000 after buying an additional 47 shares during the last quarter. Willow Creek Wealth Management Inc. grew its stake in Honeywell International by 2.2% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,327 shares of the conglomerate’s stock worth $490,000 after buying an additional 50 shares during the last quarter. VSM Wealth Advisory LLC increased its position in Honeywell International by 4.5% during the 3rd quarter. VSM Wealth Advisory LLC now owns 1,150 shares of the conglomerate’s stock valued at $242,000 after buying an additional 50 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC raised its stake in Honeywell International by 1.5% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 3,351 shares of the conglomerate’s stock valued at $654,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $229.74 on Tuesday. Honeywell International Inc. has a 52-week low of $181.25 and a 52-week high of $248.18. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. The stock has a market cap of $145.57 billion, a PE ratio of 28.75, a price-to-earnings-growth ratio of 3.38 and a beta of 0.93. The business has a 50-day simple moving average of $234.73 and a 200-day simple moving average of $215.25.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. During the same period last year, the business earned $2.47 earnings per share. Honeywell International’s quarterly revenue was up 6.4% on a year-over-year basis. On average, equities analysts expect that Honeywell International Inc. will post 10.53 EPS for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International’s payout ratio is 59.57%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International 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 transaction, the vice president owned 4,803 shares of the company’s stock, valued at approximately $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the transaction, the director owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 18,190 shares of company stock valued at $4,244,287. Company insiders own 0.15% of the company’s stock.

More Honeywell International News

Here are the key news stories impacting Honeywell International this week:

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a report on Friday, January 16th. Barclays decreased their price objective on shares of Honeywell International from $275.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Wells Fargo & Company lifted their target price on shares of Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. boosted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $251.83.

Check Out Our Latest Report on HON

Honeywell International Profile

(Free Report)

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.

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

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