Empower Advisory Group LLC Has $109.19 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Empower Advisory Group LLC cut its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 483,390 shares of the conglomerate's stock after selling 70,361 shares during the period. Empower Advisory Group LLC owned approximately 0.07% of Honeywell International worth $109,193,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Creative Planning lifted its holdings in shares of Honeywell International by 6.2% during the 3rd quarter. Creative Planning now owns 230,532 shares of the conglomerate's stock worth $47,653,000 after acquiring an additional 13,420 shares during the period. Howard Capital Management Group LLC lifted its holdings in shares of Honeywell International by 6.7% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate's stock worth $571,000 after acquiring an additional 174 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of Honeywell International by 9.2% during the 3rd quarter. V Square Quantitative Management LLC now owns 1,054 shares of the conglomerate's stock worth $218,000 after acquiring an additional 89 shares during the period. Net Worth Advisory Group bought a new position in shares of Honeywell International during the 3rd quarter worth about $577,000. Finally, Accurate Wealth Management LLC lifted its holdings in shares of Honeywell International by 3.0% during the 3rd quarter. Accurate Wealth Management LLC now owns 3,863 shares of the conglomerate's stock worth $840,000 after acquiring an additional 114 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, the vice president now owns 41,580 shares of the company's stock, valued at $8,644,066.20. This trade represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HON has been the subject of a number of analyst reports. Jefferies Financial Group raised their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Citigroup dropped their target price on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research report on Monday, January 13th. UBS Group reiterated a "buy" rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Baird R W cut shares of Honeywell International from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 25th. Finally, The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research report on Thursday, December 12th. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $248.71.

Honeywell International Trading Up 0.3 %

Shares of NASDAQ:HON traded up $0.54 during trading on Thursday, hitting $211.35. 3,635,312 shares of the company's stock were exchanged, compared to its average volume of 4,115,585. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The firm has a 50-day moving average price of $221.07 and a two-hundred day moving average price of $215.19. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm has a market cap of $137.36 billion, a P/E ratio of 24.27, a PEG ratio of 2.47 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last issued 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 net margin of 14.82% and a return on equity of 35.78%. Equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Friday, February 28th. Honeywell International's dividend payout ratio is 51.89%.

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.