Clarius Group LLC Sells 467 Shares of Honeywell International Inc. (NASDAQ:HON)

Clarius Group LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,308 shares of the conglomerate’s stock after selling 467 shares during the quarter. Clarius Group LLC’s holdings in Honeywell International were worth $1,971,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Mainstream Capital Management LLC acquired a new stake in Honeywell International in the 4th quarter valued at about $25,000. Avalon Trust Co grew its stake in shares of Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $29,000. Accredited Wealth Management LLC bought a new position in Honeywell International in the 4th quarter worth approximately $34,000. Finally, Curio Wealth LLC acquired a new position in Honeywell International during the 4th quarter worth $35,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

NASDAQ:HON opened at $221.79 on Wednesday. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm has a market capitalization of $142.54 billion, a price-to-earnings ratio of 25.49, a P/E/G ratio of 2.61 and a beta of 1.08. The stock’s 50 day moving average price is $214.63 and its two-hundred day moving average price is $215.92. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business had revenue of $9.82 billion for the quarter, compared to analysts’ expectations of $9.59 billion. During the same quarter in the prior year, the business earned $2.25 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.04%. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HON shares. Citigroup lifted their target price on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. JPMorgan Chase & Co. raised their target price on shares of Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. Barclays dropped their price target on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Finally, Wells Fargo & Company raised their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 30th. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.14.

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.