Honeywell International Inc. (NASDAQ:HON) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,878 shares of the conglomerate’s stock after selling 815 shares during the period. Sigma Planning Corp’s holdings in Honeywell International were worth $5,394,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Callan Capital LLC boosted its stake in Honeywell International by 13.2% during the fourth quarter. Callan Capital LLC now owns 2,746 shares of the conglomerate’s stock worth $620,000 after buying an additional 320 shares during the last quarter. Oxbow Advisors LLC lifted its stake in shares of Honeywell International by 6.4% in the 4th quarter. Oxbow Advisors LLC now owns 1,916 shares of the conglomerate’s stock valued at $433,000 after purchasing an additional 115 shares during the last quarter. Navellier & Associates Inc. lifted its stake in shares of Honeywell International by 21.5% in the 4th quarter. Navellier & Associates Inc. now owns 3,505 shares of the conglomerate’s stock valued at $792,000 after purchasing an additional 620 shares during the last quarter. Boyd Watterson Asset Management LLC OH lifted its stake in shares of Honeywell International by 8.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 29,411 shares of the conglomerate’s stock valued at $6,644,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Greystone Financial Group LLC lifted its stake in shares of Honeywell International by 3.7% in the 4th quarter. Greystone Financial Group LLC now owns 47,797 shares of the conglomerate’s stock valued at $10,797,000 after purchasing an additional 1,694 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was 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 directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HON. Jefferies Financial Group increased their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Barclays decreased their target price on Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research note on Monday, February 10th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Royal Bank of Canada decreased their target price on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Trading Up 0.3 %

HON opened at $211.94 on Friday. The business’s 50-day simple moving average is $220.43 and its 200-day simple moving average is $215.25. The company has a market cap of $137.74 billion, a P/E ratio of 24.33, a PEG ratio of 2.50 and a beta of 1.05. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a one year low of $189.75 and a one year 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, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, equities research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. Honeywell International’s dividend payout ratio is currently 51.89%.

Honeywell International Company 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.