Oxford Financial Group LTD. LLC Reduces Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Oxford Financial Group LTD. LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,962 shares of the conglomerate’s stock after selling 111 shares during the quarter. Oxford Financial Group LTD. LLC’s holdings in Honeywell International were worth $443,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of HON. Howard Capital Management Group LLC boosted its stake in shares of Honeywell International by 6.7% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after purchasing an additional 174 shares during the period. United Bank lifted its stake in Honeywell International by 2.8% in the third quarter. United Bank now owns 8,183 shares of the conglomerate’s stock worth $1,692,000 after purchasing an additional 220 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Honeywell International during the third quarter valued at approximately $414,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Honeywell International during the third quarter valued at approximately $412,000. Finally, Advisors Asset Management Inc. raised its holdings in shares of Honeywell International by 2.6% in the third quarter. Advisors Asset Management Inc. now owns 16,484 shares of the conglomerate’s stock worth $3,407,000 after buying an additional 425 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on HON. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 11th. Wells Fargo & Company decreased their price objective on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada lowered their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $249.38.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction on Monday, February 10th. The stock was 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 $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is owned by company insiders.

Honeywell International Trading Down 0.4 %

HON opened at $210.12 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm has a market cap of $136.56 billion, a price-to-earnings ratio of 24.12, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The stock has a fifty day moving average price of $214.02 and a 200-day moving average price of $216.53.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS 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, equities research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s payout ratio is currently 51.89%.

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.