Corient Private Wealth LLC Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

Corient Private Wealth LLC lifted its position in Honeywell International Inc. (NASDAQ:HON) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 940,708 shares of the conglomerate’s stock after buying an additional 3,019 shares during the quarter. Corient Private Wealth LLC’s holdings in Honeywell International were worth $212,196,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the 3rd quarter valued at $25,000. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International in the 4th quarter valued at $25,000. Avalon Trust Co raised its holdings in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after buying an additional 75 shares during the period. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the 4th quarter valued at $30,000. Finally, Financial Avengers Inc. raised its holdings in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.41% of the stock is owned by insiders.

Honeywell International Stock Up 1.3 %

Shares of NASDAQ HON opened at $209.47 on Friday. The stock has a market cap of $136.14 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The business has a 50-day moving average price of $215.05 and a 200 day moving average price of $216.50.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.16%. Honeywell International’s payout ratio is 51.89%.

Analyst Ratings Changes

Several equities research analysts have weighed in on HON shares. JPMorgan Chase & Co. cut their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a report on Friday, February 7th. Wells Fargo & Company cut their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus target price of $249.38.

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.