Honeywell International Inc. (NASDAQ:HON) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,737 shares of the conglomerate’s stock after selling 1,053 shares during the period. Valeo Financial Advisors LLC’s holdings in Honeywell International were worth $4,684,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA boosted its stake in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after acquiring an additional 2,611 shares during the period. Costello Asset Management INC bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $3,092,000. RIA Advisory Group LLC bought a new stake in shares of Honeywell International during the third quarter valued at approximately $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International during the third quarter valued at approximately $454,000. Finally, Sargent Investment Group LLC raised its holdings in shares of Honeywell International by 268.6% during the fourth quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after buying an additional 4,082 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 1.2 %

NASDAQ HON opened at $202.75 on Friday. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. The stock has a market cap of $131.84 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 2.55 and a beta of 1.05. The firm’s 50 day moving average price is $222.77 and its two-hundred day moving average price is $215.04.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.23%. Honeywell International’s payout ratio is 51.89%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HON shares. JPMorgan Chase & Co. dropped their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Citigroup dropped their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $248.71.

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.