Atria Wealth Solutions Inc. Buys 1,564 Shares of Honeywell International Inc. (NASDAQ:HON)

Atria Wealth Solutions Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,576 shares of the conglomerate’s stock after acquiring an additional 1,564 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Honeywell International were worth $7,880,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Cordant Inc. acquired a new stake in shares of Honeywell International in the fourth quarter valued at $31,000. Rakuten Securities Inc. acquired a new stake in shares of Honeywell International in the fourth quarter valued at $31,000. Financial Connections Group Inc. acquired a new stake in shares of Honeywell International in the fourth quarter valued at $37,000. TFO Wealth Partners LLC increased its stake in shares of Honeywell International by 105.6% in the third 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. Finally, Raleigh Capital Management Inc. increased its stake in shares of 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 buying an additional 76 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HON. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 target price (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Royal Bank of Canada lowered their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus price target of $219.67.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction 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 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 document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by insiders.

Honeywell International Trading Down 0.4 %

HON traded down $0.84 during midday trading on Friday, reaching $192.18. 263,086 shares of the company were exchanged, compared to its average volume of 2,983,520. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The stock has a market capitalization of $125.14 billion, a P/E ratio of 22.79, a PEG ratio of 2.23 and a beta of 1.02. The stock’s 50-day simple moving average is $198.25 and its 200 day simple moving average is $196.22.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. During the same quarter in the previous year, the business posted $2.07 EPS. Honeywell International’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, analysts forecast that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s dividend payout ratio 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.