Triton Wealth Management PLLC Has $233,000 Position in Honeywell International Inc. (NASDAQ:HON)

Triton Wealth Management PLLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,132 shares of the conglomerate’s stock after acquiring an additional 51 shares during the quarter. Triton Wealth Management PLLC’s holdings in Honeywell International were worth $233,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Industrial Alliance Investment Management Inc. boosted its position in Honeywell International by 1,205.8% during the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock worth $627,000 after buying an additional 3,135 shares during the period. Jag Capital Management LLC boosted its position in Honeywell International by 40.8% during the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock worth $299,000 after buying an additional 469 shares during the period. Shulman DeMeo Asset Management LLC raised its holdings in Honeywell International by 11.1% during the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after purchasing an additional 169 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its holdings in Honeywell International by 1.7% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 495,917 shares of the conglomerate’s stock worth $103,999,000 after purchasing an additional 8,493 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in Honeywell International during the 3rd quarter worth approximately $203,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Up 0.6 %

Shares of NASDAQ:HON traded up $1.10 during mid-day trading on Friday, hitting $197.15. The company had a trading volume of 1,881,187 shares, compared to its average volume of 2,828,128. The firm has a fifty day moving average price of $198.91 and a 200 day moving average price of $195.51. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93. The company has a market capitalization of $128.38 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 2.24 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same quarter last year, the firm posted $2.52 EPS. Honeywell International’s revenue was up 2.8% compared to the same quarter last year. As a group, research analysts forecast that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. This represents a $4.32 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend was Thursday, February 29th. Honeywell International’s payout ratio is currently 51.00%.

Analyst Ratings Changes

HON has been the subject of several analyst reports. Wells Fargo & Company raised their price target on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 19th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Royal Bank of Canada lowered their price target on shares of 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 shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $221.11.

Insider Activity at Honeywell International

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

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.