Honeywell International Inc. (NASDAQ:HON) Shares Sold by Dover Advisors LLC

Dover Advisors LLC lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 31.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,349 shares of the conglomerate’s stock after selling 2,401 shares during the quarter. Honeywell International accounts for 1.5% of Dover Advisors LLC’s holdings, making the stock its 22nd biggest position. Dover Advisors LLC’s holdings in Honeywell International were worth $1,122,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Fiduciary Group LLC boosted its holdings in Honeywell International by 5.0% during the fourth quarter. Fiduciary Group LLC now owns 29,666 shares of the conglomerate’s stock worth $6,221,000 after buying an additional 1,416 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in Honeywell International by 1.8% during the fourth quarter. Magnus Financial Group LLC now owns 7,740 shares of the conglomerate’s stock valued at $1,623,000 after purchasing an additional 134 shares in the last quarter. HHM Wealth Advisors LLC lifted its holdings in Honeywell International by 14.4% during the fourth quarter. HHM Wealth Advisors LLC now owns 954 shares of the conglomerate’s stock valued at $200,000 after purchasing an additional 120 shares in the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings in Honeywell International by 10.8% during the fourth quarter. Legacy Capital Wealth Partners LLC now owns 1,239 shares of the conglomerate’s stock valued at $260,000 after purchasing an additional 121 shares in the last quarter. Finally, Intellectus Partners LLC lifted its holdings in Honeywell International by 2.4% during the fourth quarter. Intellectus Partners LLC now owns 9,950 shares of the conglomerate’s stock valued at $2,087,000 after purchasing an additional 234 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the transaction, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by insiders.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $0.43 during trading on Friday, hitting $193.45. 3,041,537 shares of the company were exchanged, compared to its average volume of 2,666,853. The company has a market cap of $125.97 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 2.21 and a beta of 1.02. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $210.87. The firm’s fifty day moving average price is $198.18 and its 200 day moving average price is $196.40. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 0.93.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The business had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period in the previous year, the firm earned $2.07 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 9.96 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada cut their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Barclays lifted their price target on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $219.67.

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.