West Oak Capital LLC Has $258,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

West Oak Capital LLC decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 40.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,255 shares of the conglomerate’s stock after selling 855 shares during the period. West Oak Capital LLC’s holdings in Honeywell International were worth $258,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in HON. Altshuler Shaham Ltd acquired a new position in shares of Honeywell International in the 4th quarter valued at $27,000. Scarborough Advisors LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $27,000. Cordant Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $31,000. Rakuten Securities Inc. acquired a new position in shares of Honeywell International in the 4th quarter valued at $31,000. Finally, Richardson Capital Management LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $35,000. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In other news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the sale, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the sale, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The disclosure for this sale can be found here. 0.41% of the stock is owned by company insiders.

Honeywell International Stock Up 1.1 %

Shares of HON stock traded up $2.28 on Tuesday, reaching $213.23. 1,908,319 shares of the company were exchanged, compared to its average volume of 2,931,328. Honeywell International Inc. has a one year low of $174.88 and a one year high of $218.36. The company has a market cap of $138.85 billion, a price-to-earnings ratio of 24.68, a PEG ratio of 2.23 and a beta of 1.04. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The company has a 50-day moving average of $204.15 and a 200-day moving average of $201.47.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating 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 analysts’ expectations of $9.03 billion. During the same quarter last year, the firm earned $2.07 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. Analysts anticipate that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 17th were paid a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.03%. Honeywell International’s dividend payout ratio is 50.06%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HON. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Daiwa America raised Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Citigroup raised their price objective on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Finally, UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and lifted their price target for the company from $175.00 to $215.00 in a research note on Monday, June 10th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy 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 $224.75.

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.