Honeywell International Inc. (NASDAQ:HON) Shares Sold by Vantage Financial Partners LLC

Vantage Financial Partners LLC lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 14.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 998 shares of the conglomerate’s stock after selling 162 shares during the period. Vantage Financial Partners LLC’s holdings in Honeywell International were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Baldwin Wealth Partners LLC MA grew its stake in Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after buying an additional 2,611 shares during the last quarter. Costello Asset Management INC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $3,092,000. RIA Advisory Group LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at approximately $6,124,000. Copley Financial Group Inc. purchased a new position in shares of Honeywell International in the 3rd quarter valued at approximately $454,000. Finally, Sargent Investment Group LLC grew its stake in shares of Honeywell International by 268.6% in the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after purchasing an additional 4,082 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In related 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 value of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.41% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

HON has been the subject of several recent analyst reports. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Wells Fargo & Company reduced their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Finally, Royal Bank of Canada reduced their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Trading Up 0.8 %

NASDAQ:HON opened at $209.62 on Thursday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The business’s 50-day simple moving average is $217.47 and its 200 day simple moving average is $216.10. The stock has a market cap of $136.24 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. As a group, sell-side analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

About Honeywell International

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.