Callan Capital LLC Has $382,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Callan Capital LLC reduced its position in Honeywell International Inc. (NASDAQ:HON) by 72.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,820 shares of the conglomerate’s stock after selling 4,848 shares during the quarter. Callan Capital LLC’s holdings in Honeywell International were worth $382,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HON. Impact Partnership Wealth LLC grew its holdings in Honeywell International by 47.6% during the 3rd quarter. Impact Partnership Wealth LLC now owns 273 shares of the conglomerate’s stock worth $50,000 after acquiring an additional 88 shares during the last quarter. Fiduciary Alliance LLC lifted its holdings in Honeywell International by 9.4% during the 3rd quarter. Fiduciary Alliance LLC now owns 1,109 shares of the conglomerate’s stock worth $205,000 after buying an additional 95 shares in the last quarter. Stewart & Patten Co. LLC increased its stake in shares of Honeywell International by 0.9% in the 3rd quarter. Stewart & Patten Co. LLC now owns 111,119 shares of the conglomerate’s stock valued at $20,528,000 after buying an additional 945 shares during the period. Asset Management One Co. Ltd. raised its position in shares of Honeywell International by 0.7% during the third quarter. Asset Management One Co. Ltd. now owns 373,196 shares of the conglomerate’s stock worth $68,944,000 after acquiring an additional 2,496 shares during the last quarter. Finally, Heritage Financial Services LLC lifted its stake in shares of Honeywell International by 18.1% during the third quarter. Heritage Financial Services LLC now owns 1,333 shares of the conglomerate’s stock valued at $246,000 after acquiring an additional 204 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insiders Place Their Bets

In other 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 value of $5,028,345.00. Following the completion of 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 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HON shares. Barclays upped their target price on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada lowered their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and increased their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $219.67.

Honeywell International Stock Up 0.2 %

HON stock traded up $0.43 during mid-day trading on Friday, reaching $193.45. The company had a trading volume of 3,041,356 shares, compared to its average volume of 3,018,941. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87. The stock has a 50 day simple moving average of $198.18 and a two-hundred day simple moving average of $196.27. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The company has a market capitalization of $125.97 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.23 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The company had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the business posted $2.07 EPS. Honeywell International’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities analysts predict that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $1.08 dividend. 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 dividend payout ratio (DPR) is presently 51.00%.

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.