RWA Wealth Partners LLC Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

RWA Wealth Partners LLC raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 133,090 shares of the conglomerate’s stock after buying an additional 3,743 shares during the quarter. RWA Wealth Partners LLC’s holdings in Honeywell International were worth $30,064,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of HON. Baldwin Wealth Partners LLC MA boosted its stake in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after acquiring an additional 2,611 shares in the last quarter. Coordinated Financial Services Inc. purchased a new stake in shares of Honeywell International during the 4th quarter valued at $361,000. Costello Asset Management INC purchased a new position in Honeywell International during the 4th quarter worth $3,092,000. Raymond James Financial Inc. acquired a new position in Honeywell International during the 4th quarter valued at about $435,786,000. Finally, Dynasty Wealth Management LLC boosted its holdings in Honeywell International by 52.1% in the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate’s stock worth $2,559,000 after acquiring an additional 3,879 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Honeywell International

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 transaction, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Trading Down 1.8 %

Shares of Honeywell International stock opened at $210.34 on Friday. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The company has a market cap of $136.70 billion, a P/E ratio of 24.15, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The firm has a 50-day simple moving average of $213.21 and a two-hundred day simple moving average of $216.98.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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. This represents a $4.52 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date was Friday, February 28th. Honeywell International’s dividend payout ratio is presently 51.89%.

Analyst Ratings Changes

Several equities analysts recently commented on HON shares. Barclays decreased their price objective on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and increased their price objective for the company from $236.00 to $260.00 in a report on Friday, February 7th. Finally, Wells Fargo & Company decreased their target price 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. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $249.08.

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.