ICA Group Wealth Management LLC Has $77,000 Stake in Honeywell International Inc. (NASDAQ:HON)

ICA Group Wealth Management LLC cut its position in Honeywell International Inc. (NASDAQ:HON) by 89.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 360 shares of the conglomerate’s stock after selling 3,122 shares during the quarter. ICA Group Wealth Management LLC’s holdings in Honeywell International were worth $77,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HON. Gryphon Financial Partners LLC lifted its stake in Honeywell International by 211.0% during the fourth quarter. Gryphon Financial Partners LLC now owns 5,384 shares of the conglomerate’s stock worth $1,130,000 after purchasing an additional 3,653 shares during the last quarter. Level Four Advisory Services LLC lifted its position in shares of Honeywell International by 15.2% during the 4th quarter. Level Four Advisory Services LLC now owns 5,605 shares of the conglomerate’s stock worth $1,176,000 after buying an additional 741 shares during the last quarter. Brown Advisory Inc. boosted its stake in Honeywell International by 0.5% in the fourth quarter. Brown Advisory Inc. now owns 92,294 shares of the conglomerate’s stock valued at $19,355,000 after buying an additional 480 shares in the last quarter. Motco grew its position in Honeywell International by 0.4% in the fourth quarter. Motco now owns 47,571 shares of the conglomerate’s stock valued at $9,976,000 after acquiring an additional 192 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its stake in Honeywell International by 15.2% during the fourth quarter. Coldstream Capital Management Inc. now owns 11,502 shares of the conglomerate’s stock worth $2,412,000 after acquiring an additional 1,521 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.3 %

Shares of HON opened at $204.15 on Monday. The company has a market capitalization of $132.94 billion, a PE ratio of 23.66, a PEG ratio of 2.32 and a beta of 1.03. The stock’s 50-day moving average price is $205.48 and its two-hundred day moving average price is $203.32. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $220.79.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.23 earnings per share. On average, analysts anticipate that Honeywell International Inc. will post 10.11 EPS for the current year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 16th were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend was Friday, August 16th. Honeywell International’s dividend payout ratio is presently 50.06%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on HON shares. Royal Bank of Canada reduced their price target on shares of Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a research note on Friday, July 26th. Citigroup boosted their target price on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Wells Fargo & Company dropped their price target on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a research note on Friday, July 26th. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price for the company. 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. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $223.13.

Honeywell International 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.