Roffman Miller Associates Inc. PA Sells 295 Shares of Honeywell International Inc. (NASDAQ:HON)

Roffman Miller Associates Inc. PA lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 178,150 shares of the conglomerate’s stock after selling 295 shares during the period. Honeywell International accounts for approximately 2.5% of Roffman Miller Associates Inc. PA’s portfolio, making the stock its 13th biggest position. Roffman Miller Associates Inc. PA’s holdings in Honeywell International were worth $40,242,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HON. Capital Advisors Ltd. LLC boosted its stake in Honeywell International by 3.5% during the 4th quarter. Capital Advisors Ltd. LLC now owns 2,747 shares of the conglomerate’s stock valued at $620,000 after purchasing an additional 93 shares during the last quarter. Midwest Capital Advisors LLC purchased a new stake in Honeywell International during the 4th quarter valued at $46,000. Colonial River Investments LLC boosted its stake in Honeywell International by 5.4% during the 4th quarter. Colonial River Investments LLC now owns 1,598 shares of the conglomerate’s stock valued at $361,000 after purchasing an additional 82 shares during the last quarter. World Equity Group Inc. purchased a new stake in Honeywell International during the 4th quarter valued at $248,000. Finally, Delta Financial Group Inc. purchased a new stake in Honeywell International during the 4th quarter valued at $1,225,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.3 %

Shares of HON stock opened at $211.94 on Monday. The company has a market capitalization of $137.74 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 2.51 and a beta of 1.05. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company’s fifty day moving average price is $220.43 and its 200-day moving average price is $215.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data 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%. Sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $1.13 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. Honeywell International’s dividend payout ratio is currently 51.89%.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the company’s 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 sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.41% of the stock is currently owned by insiders.

Analyst Ratings Changes

HON has been the topic of several recent analyst reports. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Morgan Stanley upped their price objective on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 11th. Barclays dropped their target price on Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday, February 10th. Finally, The Goldman Sachs Group upped their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company 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 company. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $248.71.

About Honeywell International

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.