Davidson Investment Advisors Has $42.78 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Davidson Investment Advisors reduced its position in Honeywell International Inc. (NASDAQ:HON) by 0.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 189,372 shares of the conglomerate’s stock after selling 453 shares during the period. Honeywell International accounts for approximately 2.1% of Davidson Investment Advisors’ holdings, making the stock its 8th biggest holding. Davidson Investment Advisors’ holdings in Honeywell International were worth $42,777,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Baldwin Wealth Partners LLC MA grew its holdings in shares of Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares during the last quarter. Costello Asset Management INC bought a new position in Honeywell International in the 4th quarter worth approximately $3,092,000. RIA Advisory Group LLC bought a new position in Honeywell International in the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. bought a new position in Honeywell International in the 3rd quarter worth approximately $454,000. Finally, Sargent Investment Group LLC lifted its position in Honeywell International by 268.6% in the fourth quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock worth $1,227,000 after purchasing an additional 4,082 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 1.2 %

Shares of NASDAQ HON opened at $202.75 on Tuesday. The company’s fifty day moving average is $222.30 and its 200-day moving average is $215.21. The stock has a market cap of $131.84 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities research analysts predict that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio (DPR) is currently 51.89%.

Analyst Ratings Changes

A number of research firms have weighed in on HON. JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company cut their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research note on Friday, February 7th. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.71.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.41% of the stock is owned by company insiders.

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.