Honeywell International Inc. (NASDAQ:HON) Holdings Decreased by Integrated Advisors Network LLC

Integrated Advisors Network LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 0.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 28,236 shares of the conglomerate’s stock after selling 59 shares during the period. Integrated Advisors Network LLC’s holdings in Honeywell International were worth $5,921,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Altshuler Shaham Ltd bought a new position in Honeywell International during the 4th quarter worth $27,000. Cordant Inc. bought a new position in Honeywell International during the 4th quarter worth $31,000. Rakuten Securities Inc. bought a new position in Honeywell International during the 4th quarter worth $31,000. Financial Connections Group Inc. acquired a new position in Honeywell International during the 4th quarter worth $37,000. Finally, True Wealth Design LLC boosted its position in Honeywell International by 44.1% during the 4th quarter. True Wealth Design LLC now owns 206 shares of the conglomerate’s stock worth $43,000 after acquiring an additional 63 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now owns 55,471 shares in the company, valued at approximately $10,709,231.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the transaction, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Stock Down 0.0 %

Shares of HON traded down $0.10 during trading hours on Friday, hitting $208.53. 2,239,211 shares of the company were exchanged, compared to its average volume of 2,374,790. The company has a market cap of $135.79 billion, a PE ratio of 24.16, a PEG ratio of 2.22 and a beta of 1.03. The firm’s 50 day moving average is $199.98 and its 200-day moving average is $200.29. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $211.63. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66.

Honeywell International (NASDAQ:HON) last announced its earnings results 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 35.88% and a net margin of 15.52%. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter in the prior year, the company earned $2.07 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 10.24 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were given a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.07%. Honeywell International’s dividend payout ratio is currently 50.06%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HON. UBS Group upgraded Honeywell International from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. Daiwa America upgraded Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. Citigroup upped their target price on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, June 4th. Finally, Royal Bank of Canada dropped their target price on Honeywell International from $222.00 to $218.00 and set a “sector perform” rating on the stock in a research report on Tuesday, June 4th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $224.75.

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.