Honeywell International Inc. $HON Stock Holdings Increased by U S Wealth Group LLC.

U S Wealth Group LLC. grew its position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 49.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 16,123 shares of the conglomerate’s stock after buying an additional 5,307 shares during the quarter. Honeywell International comprises about 2.2% of U S Wealth Group LLC.’s investment portfolio, making the stock its 16th largest position. U S Wealth Group LLC.’s holdings in Honeywell International were worth $3,394,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC raised its position in shares of Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 118 shares in the last quarter. JPL Wealth Management LLC bought a new position in Honeywell International during the third quarter worth $31,000. Howard Hughes Medical Institute acquired a new position in Honeywell International in the second quarter worth $33,000. Cedar Mountain Advisors LLC increased its stake in Honeywell International by 116.7% during the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 84 shares during the last quarter. Finally, Strive Asset Management LLC bought a new stake in Honeywell International during the third quarter valued at $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International News Roundup

Here are the key news stories impacting Honeywell International this week:

Analysts Set New Price Targets

A number of research firms have recently issued reports on HON. Weiss Ratings restated a “hold (c+)” rating on shares of Honeywell International in a research report on Monday, December 29th. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $236.00 to $262.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Rothschild & Co Redburn raised their target price on shares of Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Jefferies Financial Group lifted their target price on Honeywell International from $240.00 to $245.00 and gave the company a “hold” rating in a research note on Wednesday, March 4th. Finally, Wells Fargo & Company upped their target price on Honeywell International from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Friday, January 30th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $251.65.

View Our Latest Stock Report on Honeywell International

Insider Activity at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at $7,459,440. This represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Robert D. Mailloux sold 5,274 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $239.00, for a total value of $1,260,486.00. Following the transaction, the vice president directly owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. The trade was a 52.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 18,190 shares of company stock worth $4,244,287. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Performance

HON stock opened at $231.42 on Wednesday. The company has a 50-day simple moving average of $230.98 and a 200 day simple moving average of $212.45. The company has a market capitalization of $147.11 billion, a P/E ratio of 28.96, a PEG ratio of 3.39 and a beta of 0.92. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18.

Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The firm had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter last year, the company earned $2.47 EPS. Honeywell International’s quarterly revenue was up 6.4% on a year-over-year basis. Sell-side analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is currently 59.57%.

About Honeywell International

(Free Report)

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.

Featured Articles

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

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