John G Ullman & Associates Inc. Sells 912 Shares of Honeywell International Inc. (NASDAQ:HON)

John G Ullman & Associates Inc. trimmed its stake in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,719 shares of the conglomerate’s stock after selling 912 shares during the period. Honeywell International makes up about 1.0% of John G Ullman & Associates Inc.’s portfolio, making the stock its 29th biggest position. John G Ullman & Associates Inc.’s holdings in Honeywell International were worth $6,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Torray Investment Partners LLC lifted its stake in shares of Honeywell International by 0.3% in the 4th quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock valued at $12,312,000 after purchasing an additional 190 shares during the last quarter. Shulman DeMeo Asset Management LLC lifted its stake in shares of Honeywell International by 11.1% in the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock valued at $354,000 after purchasing an additional 169 shares during the last quarter. Boyd Watterson Asset Management LLC OH raised its holdings in shares of Honeywell International by 0.3% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after buying an additional 89 shares during the period. Ferguson Wellman Capital Management Inc. raised its holdings in shares of Honeywell International by 1.7% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after buying an additional 8,493 shares during the period. Finally, Adell Harriman & Carpenter Inc. raised its holdings in shares of Honeywell International by 2.1% in the fourth quarter. Adell Harriman & Carpenter Inc. now owns 57,231 shares of the conglomerate’s stock worth $12,002,000 after buying an additional 1,189 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $10,709,231.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction 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 sale, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ:HON traded up $0.36 on Thursday, reaching $214.85. The company had a trading volume of 2,700,122 shares, compared to its average volume of 2,874,954. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $218.36. The firm’s 50 day simple moving average is $207.13 and its 200-day simple moving average is $201.98. The firm has a market capitalization of $139.91 billion, a PE ratio of 24.90, a PEG ratio of 2.19 and a beta of 1.04. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same period last year, the business posted $2.07 EPS. The business’s revenue was up 2.7% compared to the same quarter last year. As a group, analysts expect that Honeywell International Inc. will post 10.2 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were issued 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 2.01%. Honeywell International’s dividend payout ratio is presently 50.06%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HON shares. Wells Fargo & Company increased their price target on Honeywell International from $205.00 to $220.00 and gave the stock an “equal weight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Daiwa America upgraded Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Finally, Barclays raised their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and an average target price of $225.63.

Honeywell International 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.