Dudley Capital Management LLC Sells 75 Shares of Honeywell International Inc. (NASDAQ:HON)

Dudley Capital Management LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 2.0% during the fourth quarter, Holdings Channel reports. The firm owned 3,655 shares of the conglomerate’s stock after selling 75 shares during the quarter. Dudley Capital Management LLC’s holdings in Honeywell International were worth $826,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of HON. Howard Capital Management Group LLC raised its position in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock valued at $571,000 after purchasing an additional 174 shares during the period. United Bank raised its holdings in Honeywell International by 2.8% in the 3rd quarter. United Bank now owns 8,183 shares of the conglomerate’s stock valued at $1,692,000 after acquiring an additional 220 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Honeywell International during the third quarter worth approximately $412,000. Sompo Asset Management Co. Ltd. boosted its holdings in shares of Honeywell International by 8.8% during the third quarter. Sompo Asset Management Co. Ltd. now owns 2,830 shares of the conglomerate’s stock worth $585,000 after acquiring an additional 230 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of Honeywell International by 29.4% in the third quarter. Larson Financial Group LLC now owns 4,206 shares of the conglomerate’s stock valued at $869,000 after purchasing an additional 955 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Up 0.8 %

NASDAQ HON opened at $211.85 on Tuesday. The business has a fifty day moving average price of $213.88 and a two-hundred day moving average price of $216.75. The stock has a market capitalization of $137.69 billion, a PE ratio of 24.32, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

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

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. The ex-dividend date was Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

HON has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Barclays decreased their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, Wells Fargo & Company dropped their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $249.38.

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.