Venturi Wealth Management LLC Has $259,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Venturi Wealth Management LLC decreased its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 57.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,148 shares of the conglomerate's stock after selling 1,563 shares during the period. Venturi Wealth Management LLC's holdings in Honeywell International were worth $259,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its stake in shares of Honeywell International by 0.3% in the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock worth $6,413,570,000 after acquiring an additional 92,112 shares during the period. Wellington Management Group LLP lifted its stake in shares of Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the period. Geode Capital Management LLC lifted its stake in shares of Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock worth $2,959,535,000 after acquiring an additional 547,998 shares during the period. Janus Henderson Group PLC lifted its stake in Honeywell International by 7.2% during the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate's stock valued at $822,458,000 after purchasing an additional 265,789 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Honeywell International by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate's stock valued at $782,232,000 after purchasing an additional 42,287 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

HON traded up $0.59 during midday trading on Friday, hitting $211.94. The company had a trading volume of 6,221,796 shares, compared to its average volume of 4,177,537. 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 capitalization of $137.74 billion, a PE ratio of 24.33, a P/E/G ratio of 2.50 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 firm's 50-day simple moving average is $220.74 and its 200-day simple moving average is $215.17.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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 research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International's dividend payout ratio (DPR) is presently 51.89%.

Insider Buying and Selling

In other Honeywell International 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 value of $6,004,902.65. Following the transaction, the vice president now owns 41,580 shares of the company's stock, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HON. Royal Bank of Canada cut their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Baird R W lowered shares of Honeywell International from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 25th. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Barclays cut their target price on shares of Honeywell International from $260.00 to $251.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Finally, Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a report on Monday, January 13th. 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 company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $248.71.

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.