Honeywell International Inc. (NASDAQ:HON) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,084 shares of the conglomerate’s stock after selling 91 shares during the period. United Capital Financial Advisors LLC’s holdings in Honeywell International were worth $5,440,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Mainstream Capital Management LLC purchased a new position in Honeywell International during the 4th quarter worth approximately $25,000. Avalon Trust Co lifted its holdings in shares of Honeywell International by 166.7% in 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 in the last quarter. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the fourth quarter worth $30,000. Curio Wealth LLC purchased a new position in shares of Honeywell International during the fourth quarter valued at $35,000. Finally, Hopwood Financial Services Inc. acquired a new position in Honeywell International during the fourth quarter valued at $44,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Down 2.8 %

NASDAQ:HON opened at $193.28 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $206.36 and its 200-day moving average is $216.15. The firm has a market cap of $124.33 billion, a price-to-earnings ratio of 22.19, a P/E/G ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77.

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

Honeywell International Announces Dividend

The firm also recently declared 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 2.34%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated 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 completion of the sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

HON has been the topic of several research analyst reports. Morgan Stanley lifted their target price on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $205.00 to $178.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. Royal Bank of Canada cut their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Finally, Wells Fargo & Company lowered their target price on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Friday, February 7th. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $242.15.

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.