Honeywell International Inc. $HON Shares Sold by Prudent Man Advisors LLC

Prudent Man Advisors LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 26.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,055 shares of the conglomerate’s stock after selling 2,127 shares during the quarter. Prudent Man Advisors LLC’s holdings in Honeywell International were worth $1,275,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Howard Hughes Medical Institute acquired a new stake in shares of Honeywell International during the second quarter worth $33,000. Barnes Dennig Private Wealth Management LLC boosted its position in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 118 shares during the period. Cedar Mountain Advisors LLC boosted its position in shares of Honeywell International by 116.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 84 shares during the period. SJS Investment Consulting Inc. increased its stake in Honeywell International by 833.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock worth $35,000 after purchasing an additional 150 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new position in Honeywell International in the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on HON. Robert W. Baird upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Wall Street Zen upgraded Honeywell International to a “hold” rating in a research note on Saturday, January 3rd. Sanford C. Bernstein set a $255.00 price target on Honeywell International in a report on Friday, January 16th. Bank of America restated an “underperform” rating and issued a $205.00 price objective (down from $265.00) on shares of Honeywell International in a report on Tuesday, November 18th. Finally, DZ Bank reduced their target price on shares of Honeywell International from $248.00 to $237.00 in a research note on Tuesday, December 23rd. Twelve equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $251.22.

Insider Buying and Selling at Honeywell International

In other news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the sale, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of Honeywell International stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the completion of the transaction, the vice president owned 4,803 shares in the company, valued at $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 18,190 shares of company stock valued at $4,244,287. 0.20% of the stock is owned by insiders.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $239.44 on Thursday. The business’s 50-day simple moving average is $228.24 and its 200-day simple moving average is $212.16. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $248.18. The firm has a market cap of $152.21 billion, a price-to-earnings ratio of 29.97, a P/E/G ratio of 3.49 and a beta of 0.92.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.05. The firm had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.47 EPS. As a group, equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. Honeywell International’s payout ratio is presently 59.57%.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.