Weatherly Asset Management L. P. Has $1.60 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Weatherly Asset Management L. P. lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,604 shares of the conglomerate’s stock after selling 110 shares during the period. Weatherly Asset Management L. P.’s holdings in Honeywell International were worth $1,595,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of HON. Legacy Capital Wealth Partners LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth $207,000. Flagship Harbor Advisors LLC increased its holdings in Honeywell International by 1.8% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 8,994 shares of the conglomerate’s stock worth $1,662,000 after purchasing an additional 159 shares in the last quarter. Impact Partnership Wealth LLC increased its holdings in 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. 1900 Wealth Management LLC increased its holdings in Honeywell International by 150.1% in the 3rd quarter. 1900 Wealth Management LLC now owns 7,000 shares of the conglomerate’s stock worth $1,293,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Avior Wealth Management LLC increased its holdings in Honeywell International by 7.9% in the 3rd quarter. Avior Wealth Management LLC now owns 16,835 shares of the conglomerate’s stock worth $3,110,000 after purchasing an additional 1,232 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was 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 directly owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HON has been the subject of a number of recent research reports. Royal Bank of Canada lowered their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Berenberg Bank upgraded 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Finally, Barclays upped their price target on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $219.67.

Honeywell International Stock Up 0.3 %

NASDAQ:HON traded up $0.58 on Tuesday, hitting $196.16. The stock had a trading volume of 2,556,272 shares, compared to its average volume of 3,000,230. The business’s fifty day moving average is $198.31 and its 200 day moving average is $196.18. The company has a market cap of $127.74 billion, a PE ratio of 23.19, a P/E/G ratio of 2.23 and a beta of 1.02. 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 52 week low of $174.88 and a 52 week high of $210.87.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping the consensus estimate 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 return on equity of 35.17% and a net margin of 15.43%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.52 earnings per share. On average, equities research analysts expect that Honeywell International Inc. will post 9.94 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.20%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

About Honeywell International

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.