Everett Harris & Co. CA Sells 347 Shares of Honeywell International Inc. (NASDAQ:HON)

Everett Harris & Co. CA decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,437 shares of the conglomerate’s stock after selling 347 shares during the quarter. Everett Harris & Co. CA’s holdings in Honeywell International were worth $1,560,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC bought a new stake in Honeywell International during the fourth quarter valued at about $31,000. Fortis Capital Advisors LLC purchased a new stake in Honeywell International in the fourth quarter valued at about $46,000. TFO Wealth Partners LLC raised its stake in Honeywell International by 105.6% in the third quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock valued at $41,000 after buying an additional 114 shares during the last quarter. Altshuler Shaham Ltd purchased a new stake in Honeywell International in the fourth quarter valued at about $55,000. Finally, Raleigh Capital Management Inc. raised its stake in Honeywell International by 42.0% in the third quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock valued at $47,000 after buying an additional 76 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now directly owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HON shares. Royal Bank of Canada decreased their price target on 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. Berenberg Bank upgraded 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. Barclays increased their price target on Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Finally, Wells Fargo & Company increased their price target on Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 19th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $220.89.

Honeywell International Trading Up 0.1 %

Honeywell International stock opened at $205.25 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $210.87. The company has a market capitalization of $133.86 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The stock has a 50-day moving average price of $199.02 and a 200 day moving average price of $195.08.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same quarter in the previous year, the company posted $2.52 earnings per share. The company’s revenue was up 2.8% compared to the same quarter last year. Sell-side analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date was Thursday, February 29th. Honeywell International’s payout ratio is presently 51.00%.

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.