American Institute for Advanced Investment Management LLP Trims Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

American Institute for Advanced Investment Management LLP lowered its position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,673 shares of the conglomerate’s stock after selling 130 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in Honeywell International were worth $351,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. 1776 Wealth LLC grew its stake in Honeywell International by 2.7% in the 4th quarter. 1776 Wealth LLC now owns 1,918 shares of the conglomerate’s stock worth $411,000 after buying an additional 50 shares in the last quarter. Morton Capital Management LLC CA grew its stake in Honeywell International by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after buying an additional 50 shares in the last quarter. Wayfinding Financial LLC grew its stake in Honeywell International by 3.4% in the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after buying an additional 50 shares in the last quarter. Patten Group Inc. boosted its stake in shares of Honeywell International by 0.4% in the 4th quarter. Patten Group Inc. now owns 11,705 shares of the conglomerate’s stock valued at $2,455,000 after purchasing an additional 52 shares in the last quarter. Finally, Gilbert & Cook Inc. boosted its stake in shares of Honeywell International by 1.9% in 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 in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 1.1 %

Shares of HON opened at $197.97 on Thursday. The stock has a market capitalization of $129.11 billion, a P/E ratio of 23.37, a PEG ratio of 2.27 and a beta of 1.02. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The firm has a fifty day simple moving average of $199.14 and a two-hundred day simple moving average of $195.48. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping 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 analyst estimates of $9.70 billion. During the same period in the prior year, the business earned $2.52 EPS. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, research analysts anticipate that Honeywell International Inc. will post 9.96 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed 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 was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.18%. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HON. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price objective for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Barclays upped 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. Wells Fargo & Company upped their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 19th. Finally, Royal Bank of Canada dropped 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 research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $221.11.

View Our Latest Stock Report on Honeywell International

Insiders Place Their Bets

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction on 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 completion of the transaction, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.43% of the company’s stock.

Honeywell International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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