Transform Wealth LLC Has $720,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Transform Wealth LLC lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.5% during the first quarter, HoldingsChannel reports. The firm owned 3,507 shares of the conglomerate’s stock after selling 126 shares during the quarter. Transform Wealth LLC’s holdings in Honeywell International were worth $720,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Dark Forest Capital Management LP bought a new position in shares of Honeywell International in the 3rd quarter valued at $352,000. Mather Group LLC. raised its position in Honeywell International by 36.6% during the 3rd quarter. Mather Group LLC. now owns 7,140 shares of the conglomerate’s stock worth $1,319,000 after purchasing an additional 1,912 shares during the last quarter. Bank of Nova Scotia raised its position in Honeywell International by 162.3% during the 3rd quarter. Bank of Nova Scotia now owns 232,209 shares of the conglomerate’s stock worth $42,898,000 after purchasing an additional 143,683 shares during the last quarter. Cape Cod Five Cents Savings Bank raised its position in Honeywell International by 85.5% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 6,854 shares of the conglomerate’s stock worth $1,266,000 after purchasing an additional 3,160 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its position in Honeywell International by 5.9% during the 3rd quarter. CWA Asset Management Group LLC now owns 5,526 shares of the conglomerate’s stock worth $1,021,000 after purchasing an additional 307 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock traded up $0.95 during trading on Thursday, hitting $214.38. The company’s stock had a trading volume of 1,912,875 shares, compared to its average volume of 2,930,779. The company has a market cap of $139.60 billion, a PE ratio of 24.89, a P/E/G ratio of 2.22 and a beta of 1.03. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. The business has a fifty day moving average of $202.99 and a 200-day moving average of $201.25. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $218.36.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a return on equity of 35.88% and a net margin of 15.52%. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter in the prior year, the business earned $2.07 earnings per share. Honeywell International’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, research analysts anticipate that Honeywell International Inc. will post 10.23 earnings per share for the current year.

Honeywell International Announces Dividend

The company 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 of this dividend was Thursday, May 16th. This represents a $4.32 annualized dividend and a yield of 2.02%. Honeywell International’s payout ratio is 50.06%.

Insider Activity at Honeywell International

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HON. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and raised their target price for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. Royal Bank of Canada lowered their target price on Honeywell International from $222.00 to $218.00 and set a “sector perform” rating for the company in a research report on Tuesday, June 4th. Finally, Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.