Black Diamond Financial LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 17.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,540 shares of the conglomerate’s stock after selling 330 shares during the period. Black Diamond Financial LLC’s holdings in Honeywell International were worth $348,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter valued at approximately $25,000. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at approximately $29,000. Financial Avengers Inc. lifted its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp lifted its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now directly 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 can be accessed through this hyperlink. Insiders own 0.41% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on Honeywell International
Honeywell International Price Performance
NASDAQ:HON opened at $211.94 on Monday. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week 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 has a market capitalization of $137.74 billion, a P/E ratio of 24.33, a P/E/G ratio of 2.51 and a beta of 1.05. The stock’s fifty day moving average is $220.43 and its two-hundred day moving average is $215.49.
Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.
Honeywell International Announces Dividend
The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.13%. Honeywell International’s payout ratio is presently 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.
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