Honeywell International Inc. (NASDAQ:HON) Shares Sold by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 6.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,120 shares of the conglomerate’s stock after selling 292 shares during the period. Cornell Pochily Investment Advisors Inc.’s holdings in Honeywell International were worth $864,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HON. True Wealth Design LLC acquired a new stake in shares of Honeywell International in the 4th quarter worth approximately $31,000. TFO Wealth Partners LLC raised its holdings in shares of Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after purchasing an additional 114 shares in the last quarter. Fortis Capital Advisors LLC bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $46,000. Raleigh Capital Management Inc. raised its holdings in shares of Honeywell International by 42.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 76 shares in the last quarter. Finally, Impact Partnership Wealth LLC raised its holdings in shares of Honeywell International by 47.6% in the 3rd quarter. Impact Partnership Wealth LLC now owns 273 shares of the conglomerate’s stock worth $50,000 after purchasing an additional 88 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the 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 approximately $36,164,646. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Honeywell International Stock Up 0.1 %

Shares of NASDAQ:HON traded up $0.27 during midday trading on Thursday, hitting $205.40. The stock had a trading volume of 392,507 shares, compared to its average volume of 3,031,435. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The business’s 50-day simple moving average is $198.87 and its 200-day simple moving average is $195.01. The company has a market cap of $133.96 billion, a P/E ratio of 24.22, a PEG ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last announced its 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 during the quarter, compared to analysts’ expectations of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. Honeywell International’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.52 earnings per share. On average, sell-side analysts forecast that Honeywell International Inc. will post 9.96 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced 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 2.10%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio is presently 51.00%.

Analyst Ratings Changes

A number of brokerages recently commented on HON. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 19th. Royal Bank of Canada lowered their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Finally, Barclays boosted their price objective 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. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus price target of $220.89.

Honeywell International Company Profile

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.