Sen. Tommy Tuberville Sells Off Shares of Honeywell International Inc. (NASDAQ:HON)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Honeywell International Inc. (NASDAQ:HON). In a filing disclosed on November 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Honeywell International stock on October 29th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Travelers Companies (NYSE:TRV) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Kimberly-Clark (NYSE:KMB) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Corteva (NYSE:CTVA) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Owens Corning (NYSE:OC) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/26/2024.

Honeywell International Trading Down 0.2 %

Honeywell International stock opened at $228.99 on Friday. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market capitalization of $148.90 billion, a P/E ratio of 26.44, a PEG ratio of 2.77 and a beta of 1.03. The stock has a 50-day simple moving average of $210.77 and a 200 day simple moving average of $207.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $1.13 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

Analysts Set New Price Targets

A number of brokerages have commented on HON. Barclays upped their price target on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research report on Wednesday. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Bank of America upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. Nine research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $241.45.

Institutional Trading of Honeywell International

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its position in shares of Honeywell International by 0.3% in the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after purchasing an additional 92,112 shares during the period. Wellington Management Group LLP lifted its stake in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Honeywell International by 22.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after acquiring an additional 310,807 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of Honeywell International by 0.9% in the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after acquiring an additional 42,305 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.