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

Wealth Alliance decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 17.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the third quarter valued at approximately $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International during the third quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $30,000. Financial Avengers Inc. grew 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 during the last quarter. Finally, Planning Capital Management Corp grew its stake in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction 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 sale, the vice president now directly owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. 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. Royal Bank of Canada decreased their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Trading Up 1.3 %

Shares of NASDAQ:HON opened at $210.81 on Thursday. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company’s fifty day simple moving average is $221.07 and its 200 day simple moving average is $215.19. The firm has a market cap of $137.08 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 2.41 and a beta of 1.05.

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, 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, research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

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.