Cerity Partners LLC Has $96.84 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Cerity Partners LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 7.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 437,128 shares of the conglomerate’s stock after selling 36,212 shares during the quarter. Cerity Partners LLC’s holdings in Honeywell International were worth $96,839,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HON. Valmark Advisers Inc. boosted its holdings in Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate’s stock valued at $1,048,000 after purchasing an additional 45 shares during the period. ZWJ Investment Counsel Inc. raised its position in shares of Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after buying an additional 47 shares in the last quarter. Saxony Capital Management LLC boosted its stake in Honeywell International by 4.0% during the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock valued at $277,000 after buying an additional 47 shares during the period. Magnus Financial Group LLC grew its position in Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock worth $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. increased its stake in Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock worth $3,524,000 after acquiring an additional 49 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.41% of the stock is owned by insiders.

Honeywell International Price Performance

HON opened at $190.99 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock’s 50 day simple moving average is $211.63 and its 200 day simple moving average is $217.21. The firm has a market cap of $124.13 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 1 year low of $188.42 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.37%. Honeywell International’s dividend payout ratio is currently 51.89%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Royal Bank of Canada dropped their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. Barclays cut their price target on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. The Goldman Sachs Group raised their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Morgan Stanley raised their price target on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Ten investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus price target of $249.08.

About Honeywell International

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.