John G Ullman & Associates Inc. Sells 725 Shares of Honeywell International Inc. (NASDAQ:HON)

John G Ullman & Associates Inc. lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 33,631 shares of the conglomerate’s stock after selling 725 shares during the period. Honeywell International accounts for about 1.1% of John G Ullman & Associates Inc.’s portfolio, making the stock its 25th largest position. John G Ullman & Associates Inc.’s holdings in Honeywell International were worth $7,053,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HON. Ironwood Wealth Management LLC. lifted its stake in Honeywell International by 2.9% in the first quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock valued at $700,000 after buying an additional 100 shares during the period. Fairfield Bush & CO. lifted its stake in Honeywell International by 5.4% in the first quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock valued at $1,864,000 after buying an additional 492 shares during the period. United Bank lifted its stake in Honeywell International by 25.0% in the first quarter. United Bank now owns 8,404 shares of the conglomerate’s stock valued at $1,635,000 after buying an additional 1,683 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in Honeywell International by 31.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock valued at $151,949,000 after buying an additional 187,936 shares during the period. Finally, AMI Investment Management Inc. raised its position in shares of Honeywell International by 16.8% during the first quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock worth $224,000 after purchasing an additional 165 shares during the period. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HON shares. Royal Bank of Canada dropped their price target on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a research report on Friday, February 2nd. Barclays increased their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $215.00 price objective (down from $227.00) on shares of Honeywell International in a report on Tuesday. Finally, Berenberg Bank upgraded 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. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $219.67.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the transaction, the director now owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON traded up $2.69 during mid-day trading on Friday, hitting $193.77. 2,204,689 shares of the stock were exchanged, compared to its average volume of 2,993,407. The stock has a market capitalization of $126.18 billion, a price-to-earnings ratio of 22.75, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.27. The firm’s 50-day simple moving average is $198.36 and its 200 day simple moving average is $195.79. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $210.87.

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

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $1.08 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.23%. Honeywell International’s dividend payout ratio is presently 51.00%.

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.