United Asset Strategies Inc. Has $3.77 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

United Asset Strategies Inc. lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 8.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 17,989 shares of the conglomerate’s stock after selling 1,761 shares during the period. United Asset Strategies Inc.’s holdings in Honeywell International were worth $3,772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC boosted its stake in shares of Honeywell International by 101,603.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,707,601 shares of the conglomerate’s stock worth $1,223,139,000 after buying an additional 5,701,989 shares during the last quarter. Barclays PLC raised its stake in shares of Honeywell International by 57.3% during the 3rd quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after purchasing an additional 1,162,518 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Honeywell International by 6,557.2% in the 4th quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock worth $197,266,000 after buying an additional 926,531 shares during the last quarter. Deutsche Bank AG grew its position in Honeywell International by 80.7% during the first quarter. Deutsche Bank AG now owns 1,838,191 shares of the conglomerate’s stock valued at $351,315,000 after buying an additional 821,001 shares during the period. Finally, Van ECK Associates Corp increased its holdings in Honeywell International by 853.0% during the third quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock worth $163,980,000 after buying an additional 794,489 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Transactions at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction on 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 completion of the sale, the director now owns 183,400 shares of the company’s stock, valued at $36,164,646. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HON. 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 research note on Tuesday, December 19th. Barclays boosted their target price on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday. Royal Bank of Canada lowered their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. Finally, 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 report on Wednesday, March 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and an average price target of $219.67.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $2.48 during midday trading on Tuesday, reaching $191.56. 899,146 shares of the company traded hands, compared to its average volume of 2,999,087. The firm’s fifty day moving average price is $198.54 and its two-hundred day moving average price is $195.82. The firm has a market capitalization of $124.74 billion, a price-to-earnings ratio of 22.91, a price-to-earnings-growth ratio of 2.24 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. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The firm had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.70 billion. During the same period in the prior year, the business posted $2.52 earnings per share. The company’s revenue was up 2.8% on a year-over-year basis. On average, equities analysts expect that Honeywell International Inc. will post 9.94 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.26%. Honeywell International’s dividend payout ratio (DPR) is currently 51.00%.

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.