Exencial Wealth Advisors LLC Sells 195 Shares of Honeywell International Inc. (NASDAQ:HON)

Exencial Wealth Advisors LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 10.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,701 shares of the conglomerate’s stock after selling 195 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Honeywell International were worth $384,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HON. JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Wells Fargo & Company cut their price objective on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Finally, Bank of America lifted their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Ten equities research 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 MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $209.62 on Thursday. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The firm has a market cap of $136.24 billion, a P/E ratio of 24.07, a PEG ratio of 2.51 and a beta of 1.05. The company has a 50 day moving average of $217.47 and a 200 day moving average of $216.10. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.16%. Honeywell International’s dividend payout ratio is presently 51.89%.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.41% of the company’s stock.

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.