Honeywell International Inc. (NASDAQ:HON) Shares Sold by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,221 shares of the conglomerate’s stock after selling 318 shares during the period. Honeywell International accounts for approximately 0.8% of Schwarz Dygos Wheeler Investment Advisors LLC’s portfolio, making the stock its 29th biggest holding. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Honeywell International were worth $2,563,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Cordant Inc. purchased a new position in Honeywell International during the fourth quarter worth about $31,000. Rakuten Securities Inc. purchased a new position in shares of Honeywell International in the 4th quarter worth about $31,000. Financial Connections Group Inc. purchased a new position in shares of Honeywell International in the 4th quarter worth about $37,000. TFO Wealth Partners LLC raised its holdings in shares of Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after purchasing an additional 114 shares during the period. Finally, Raleigh Capital Management Inc. raised its holdings in shares of Honeywell International by 42.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON traded up $0.43 during midday trading on Friday, reaching $193.45. 3,041,537 shares of the company traded hands, compared to its average volume of 2,666,853. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The firm has a market capitalization of $125.97 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 2.21 and a beta of 1.02. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 0.93. The company has a fifty day moving average price of $198.18 and a 200 day moving average price of $196.27.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the previous year, the firm posted $2.07 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, analysts expect that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s payout ratio is currently 50.06%.

Wall Street Analyst Weigh In

HON has been the topic of several analyst reports. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. Royal Bank of Canada dropped their target price on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a report on Tuesday, April 16th. Finally, Barclays raised their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $219.67.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the sale, the director now owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is owned by company insiders.

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.