Honeywell International Inc. (NASDAQ:HON) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,247 shares of the conglomerate’s stock after selling 215 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Honeywell International were worth $891,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. 1776 Wealth LLC lifted its stake in Honeywell International by 2.7% in the fourth quarter. 1776 Wealth LLC now owns 1,918 shares of the conglomerate’s stock worth $411,000 after purchasing an additional 50 shares during the last quarter. Morton Capital Management LLC CA lifted its stake in Honeywell International by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after purchasing an additional 50 shares during the last quarter. Wayfinding Financial LLC lifted its stake in Honeywell International by 3.4% in the fourth quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after purchasing an additional 50 shares during the last quarter. Patten Group Inc. boosted its holdings in shares of Honeywell International by 0.4% during the 4th quarter. Patten Group Inc. now owns 11,705 shares of the conglomerate’s stock valued at $2,455,000 after buying an additional 52 shares in the last quarter. Finally, Gilbert & Cook Inc. grew its position in Honeywell International by 1.9% during the 2nd quarter. Gilbert & Cook Inc. now owns 2,885 shares of the conglomerate’s stock valued at $599,000 after purchasing an additional 53 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

NASDAQ HON traded up $0.12 during trading hours on Thursday, reaching $205.25. The stock had a trading volume of 3,594,060 shares, compared to its average volume of 3,084,538. The stock has a fifty day moving average of $199.02 and a 200 day moving average of $195.08. The stock has a market cap of $133.86 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27.

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

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s payout ratio is 51.00%.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.45% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on HON. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Wells Fargo & Company lifted their target price on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Royal Bank of Canada decreased their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Finally, Barclays lifted their price objective on Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $220.89.

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.