Honeywell International Inc. (NASDAQ:HON) Shares Sold by Gould Asset Management LLC CA

Gould Asset Management LLC CA lowered its position in Honeywell International Inc. (NASDAQ:HON) by 6.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,584 shares of the conglomerate’s stock after selling 111 shares during the period. Gould Asset Management LLC CA’s holdings in Honeywell International were worth $332,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Cordant Inc. purchased a new stake in shares of Honeywell International during the fourth quarter worth about $31,000. Rakuten Securities Inc. purchased a new stake in shares of Honeywell International during the fourth quarter worth about $31,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International during the fourth quarter worth about $37,000. TFO Wealth Partners LLC increased its stake in shares of Honeywell International by 105.6% during the third quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock worth $41,000 after purchasing an additional 114 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its stake in shares of Honeywell International by 42.0% during the third quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Up 0.2 %

NASDAQ:HON traded up $0.43 on Friday, hitting $193.45. The stock had a trading volume of 3,041,356 shares, compared to its average volume of 3,018,941. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The stock has a market cap of $125.97 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 2.23 and a beta of 1.02. The company has a fifty day moving average price of $198.25 and a two-hundred day moving average price of $196.22. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $210.87.

Honeywell International (NASDAQ:HON) last posted its earnings results 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. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. Honeywell International’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.07 EPS. Equities research analysts expect that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.23%. Honeywell International’s payout ratio is 51.00%.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the transaction, 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 hyperlink. 0.41% of the stock is currently owned by company insiders.

Analyst Ratings Changes

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

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.