Honeywell International Inc. (NASDAQ:HON) Shares Sold by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 6.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,924 shares of the conglomerate’s stock after selling 414 shares during the period. Duncker Streett & Co. Inc.’s holdings in Honeywell International were worth $1,242,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tyche Wealth Partners LLC acquired a new stake in shares of Honeywell International during the 4th quarter valued at about $1,111,000. Arbor Trust Wealth Advisors LLC grew its position in shares of Honeywell International by 18.4% during the 4th quarter. Arbor Trust Wealth Advisors LLC now owns 3,900 shares of the conglomerate’s stock valued at $818,000 after acquiring an additional 607 shares during the period. Allen Capital Group LLC grew its position in shares of Honeywell International by 17.7% during the 4th quarter. Allen Capital Group LLC now owns 1,371 shares of the conglomerate’s stock valued at $288,000 after acquiring an additional 206 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Honeywell International by 1.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 121,815 shares of the conglomerate’s stock valued at $25,546,000 after buying an additional 2,117 shares in the last quarter. Finally, Octavia Wealth Advisors LLC purchased a new position in Honeywell International in the 4th quarter valued at about $322,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Honeywell International

In related news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at $36,164,646. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Honeywell International Stock Up 0.1 %

Shares of HON stock traded up $0.23 on Wednesday, reaching $190.95. 385,279 shares of the stock were exchanged, compared to its average volume of 2,990,195. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The business’s 50 day moving average price is $198.48 and its 200 day moving average price is $195.86. The company has a market capitalization of $124.34 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 2.22 and a beta of 1.02. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.52 earnings per share. As a group, sell-side analysts expect that Honeywell International Inc. will post 9.94 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $1.08 dividend. The ex-dividend date was Thursday, February 29th. This represents a $4.32 dividend on an annualized basis and a yield of 2.26%. Honeywell International’s dividend payout ratio (DPR) is presently 51.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HON. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price target for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. Barclays raised their price target on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday. Wells Fargo & Company raised their target price on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 19th. Finally, Royal Bank of Canada decreased their target price on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $219.67.

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.