NewSquare Capital LLC reduced its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 27.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 309 shares of the conglomerate’s stock after selling 117 shares during the quarter. NewSquare Capital LLC’s holdings in Honeywell International were worth $65,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Cordant Inc. purchased a new position in shares of Honeywell International during the 4th quarter valued at $31,000. Rakuten Securities Inc. purchased a new position in Honeywell International during the fourth quarter worth about $31,000. Financial Connections Group Inc. bought a new position in Honeywell International in the 4th quarter worth about $37,000. TFO Wealth Partners LLC raised its holdings in shares of Honeywell International by 105.6% in the 3rd quarter. TFO Wealth Partners LLC now owns 222 shares of the conglomerate’s stock valued at $41,000 after acquiring an additional 114 shares in the last quarter. Finally, Raleigh Capital Management Inc. boosted its position in shares of Honeywell International by 42.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 257 shares of the conglomerate’s stock valued at $47,000 after acquiring an additional 76 shares during the last quarter. Hedge funds and other institutional investors 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 stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now owns 183,400 shares in the company, valued at approximately $36,164,646. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.41% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Analysis on HON
Honeywell International Trading Down 0.5 %
Shares of HON traded down $1.07 during trading hours on Wednesday, hitting $195.09. The company had a trading volume of 1,302,492 shares, compared to its average volume of 2,977,990. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. 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 stock’s 50 day moving average price is $198.35 and its 200 day moving average price is $196.26. The firm has a market cap of $127.04 billion, a P/E ratio of 22.95, a P/E/G ratio of 2.24 and a beta of 1.02.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The business had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.70 billion. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.52 EPS. On average, research analysts predict that Honeywell International Inc. will post 9.94 EPS for the current year.
Honeywell International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date was Thursday, February 29th. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.
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.
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