Honeywell International Inc. (NASDAQ:HON) Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC lessened its position in Honeywell International Inc. (NASDAQ:HON) by 6.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,764 shares of the conglomerate’s stock after selling 1,245 shares during the period. Laurel Wealth Advisors LLC’s holdings in Honeywell International were worth $3,516,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Honeywell International by 5.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,780 shares of the conglomerate’s stock valued at $329,000 after purchasing an additional 89 shares in the last quarter. Connecticut Wealth Management LLC increased its holdings in shares of Honeywell International by 176.6% in the 3rd quarter. Connecticut Wealth Management LLC now owns 5,093 shares of the conglomerate’s stock valued at $941,000 after purchasing an additional 3,252 shares in the last quarter. KRS Capital Management LLC increased its holdings in shares of Honeywell International by 9.9% in the 3rd quarter. KRS Capital Management LLC now owns 8,054 shares of the conglomerate’s stock valued at $1,488,000 after purchasing an additional 727 shares in the last quarter. First Personal Financial Services increased its holdings in Honeywell International by 75.5% during the 3rd quarter. First Personal Financial Services now owns 1,820 shares of the conglomerate’s stock valued at $336,000 after acquiring an additional 783 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO increased its holdings in Honeywell International by 4.4% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 19,336 shares of the conglomerate’s stock valued at $3,572,000 after acquiring an additional 809 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.2 %

Shares of NASDAQ:HON traded up $0.43 during midday trading on Friday, reaching $193.45. The company had a trading volume of 3,041,537 shares, compared to its average volume of 2,666,853. 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 stock’s fifty day moving average price is $198.18 and its 200-day moving average price is $196.27. The stock has a market capitalization of $125.97 billion, a P/E ratio of 22.42, a PEG ratio of 2.21 and a beta of 1.02. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87.

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

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.23%. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Insider Buying and Selling

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the sale, the director now owns 183,400 shares in the company, valued at $36,164,646. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft restated 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. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada reduced their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Finally, Barclays boosted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and an average target price of $219.67.

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.