Honeywell International Inc. (NASDAQ:HON) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC trimmed its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,247 shares of the conglomerate’s stock after selling 215 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Honeywell International were worth $891,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ironwood Wealth Management LLC. raised its stake in shares of Honeywell International by 2.9% during the first quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock worth $700,000 after purchasing an additional 100 shares during the last quarter. Fairfield Bush & CO. raised its position in Honeywell International by 5.4% in the first quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock worth $1,864,000 after acquiring an additional 492 shares in the last quarter. United Bank raised its position in Honeywell International by 25.0% in the first quarter. United Bank now owns 8,404 shares of the conglomerate’s stock worth $1,635,000 after acquiring an additional 1,683 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Honeywell International by 31.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock worth $151,949,000 after acquiring an additional 187,936 shares in the last quarter. Finally, AMI Investment Management Inc. raised its position in Honeywell International by 16.8% in the first quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock worth $224,000 after acquiring an additional 165 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.45% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several research analyst reports. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada decreased their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. Wells Fargo & Company increased their price objective on Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 19th. Finally, Barclays increased their price objective on Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $220.89.

Honeywell International Trading Up 0.1 %

NASDAQ:HON traded up $0.12 during mid-day trading on Thursday, reaching $205.25. The company’s stock had a trading volume of 3,594,060 shares, compared to its average volume of 3,084,538. The company’s fifty day simple moving average is $199.02 and its two-hundred day simple moving average is $195.08. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The stock has a market cap of $133.86 billion, a P/E ratio of 24.27, a P/E/G ratio of 2.26 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The company had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the business posted $2.52 EPS. On average, equities analysts predict that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.10%. Honeywell International’s dividend payout ratio (DPR) is 51.00%.

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.