Wealth Alliance Has $1.61 Million Position in Honeywell International Inc. (NASDAQ:HON)

Wealth Alliance cut its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 17.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,137 shares of the conglomerate's stock after selling 1,535 shares during the period. Wealth Alliance's holdings in Honeywell International were worth $1,612,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the 3rd quarter valued at approximately $25,000. Hoese & Co LLP bought a new position in shares of Honeywell International in the fourth quarter worth $30,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at $29,000. Financial Avengers Inc. raised its stake in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp lifted its holdings in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after purchasing an additional 81 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.0 %

HON stock traded up $0.04 during mid-day trading on Friday, reaching $211.39. 2,497,263 shares of the stock traded hands, compared to its average volume of 4,063,140. The stock's fifty day moving average is $220.74 and its 200-day moving average is $215.17. The company has a market cap of $137.38 billion, a P/E ratio of 24.25, a P/E/G ratio of 2.50 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77.

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, 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%. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

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 issued a dividend of $1.13 per share. The ex-dividend date is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.14%. Honeywell International's dividend payout ratio is 51.89%.

Analyst Ratings Changes

Several research firms have commented on HON. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 15th. Robert W. Baird cut Honeywell International from an "outperform" rating to a "neutral" rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Citigroup decreased their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research note on Tuesday, December 17th. Finally, HSBC raised 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. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average price target of $248.71.

Insider Activity at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 transaction, 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 legal filing with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by insiders.

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.