Honeywell International Inc. (NASDAQ:HON) Stock Holdings Trimmed by Glassman Wealth Services

Glassman Wealth Services cut its stake in shares of Honeywell International Inc. (NASDAQ:HONGet Rating) by 35.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 663 shares of the conglomerate’s stock after selling 360 shares during the quarter. Glassman Wealth Services’ holdings in Honeywell International were worth $129,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Marietta Wealth Management LLC lifted its position in Honeywell International by 4.6% in the first quarter. Marietta Wealth Management LLC now owns 20,266 shares of the conglomerate’s stock worth $3,943,000 after purchasing an additional 894 shares during the period. Fisher Asset Management LLC increased its stake in shares of Honeywell International by 24.9% in the fourth quarter. Fisher Asset Management LLC now owns 186,654 shares of the conglomerate’s stock worth $38,919,000 after acquiring an additional 37,270 shares during the last quarter. Dixon Hughes Goodman Wealth Advisors LLC acquired a new position in shares of Honeywell International in the fourth quarter worth $134,000. Horizon Investments LLC increased its stake in shares of Honeywell International by 3.7% in the fourth quarter. Horizon Investments LLC now owns 13,617 shares of the conglomerate’s stock worth $2,839,000 after acquiring an additional 481 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. increased its position in Honeywell International by 10.0% during the fourth quarter. NN Investment Partners Holdings N.V. now owns 37,444 shares of the conglomerate’s stock worth $7,807,000 after buying an additional 3,400 shares during the last quarter. 74.27% of the stock is owned by institutional investors.

NASDAQ HON traded down $1.19 on Thursday, hitting $176.54. The company’s stock had a trading volume of 50,548 shares, compared to its average volume of 2,589,005. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.66. Honeywell International Inc. has a 1-year low of $174.42 and a 1-year high of $236.86. The company’s 50-day moving average is $191.34 and its 200 day moving average is $193.98. The firm has a market cap of $120.18 billion, a PE ratio of 23.60, a PEG ratio of 2.16 and a beta of 1.05.

Honeywell International (NASDAQ:HONGet Rating) last released its earnings results on Friday, April 29th. The conglomerate reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. The business had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $8.29 billion. Honeywell International had a return on equity of 30.04% and a net margin of 15.30%. The firm’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 earnings per share. On average, equities analysts expect that Honeywell International Inc. will post 8.68 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, May 13th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, May 12th. Honeywell International’s dividend payout ratio is currently 52.06%.

In other Honeywell International news, CEO Darius Adamczyk sold 40,000 shares of the stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $194.52, for a total value of $7,780,800.00. Following the completion of the sale, the chief executive officer now owns 165,015 shares in the company, valued at approximately $32,098,717.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.45% of the company’s stock.

A number of equities research analysts have issued reports on the stock. TheStreet cut shares of Honeywell International from a “b” rating to a “c+” rating in a report on Friday, April 29th. Morgan Stanley cut their price target on shares of Honeywell International from $216.00 to $194.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 31st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Honeywell International from $243.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, April 14th. Citigroup raised their price objective on shares of Honeywell International from $229.00 to $232.00 in a report on Monday, May 2nd. Finally, StockNews.com initiated coverage on shares of Honeywell International in a report on Thursday, March 31st. They set a “hold” rating for the company. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus target price of $227.69.

Honeywell International Company Profile (Get Rating)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems, as well as wireless connectivity and management services.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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