Fiduciary Alliance LLC Sells 239 Shares of Honeywell International Inc. (NASDAQ:HON)

Fiduciary Alliance LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,323 shares of the conglomerate’s stock after selling 239 shares during the period. Fiduciary Alliance LLC’s holdings in Honeywell International were worth $1,127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Valmark Advisers Inc. boosted its position in Honeywell International by 1.0% during the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate’s stock valued at $1,048,000 after purchasing an additional 45 shares in the last quarter. Claris Advisors LLC MO lifted its position in shares of Honeywell International by 4.8% during the fourth quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate’s stock valued at $241,000 after buying an additional 49 shares during the last quarter. Avantax Planning Partners Inc. boosted its holdings in shares of Honeywell International by 1.4% in the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate’s stock valued at $777,000 after buying an additional 49 shares in the last quarter. NORTHSTAR ASSET MANAGEMENT Co LLC grew its position in shares of Honeywell International by 0.6% in the 4th quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 8,835 shares of the conglomerate’s stock worth $1,996,000 after buying an additional 50 shares during the last quarter. Finally, Spinnaker Trust raised its stake in shares of Honeywell International by 0.4% during the 4th quarter. Spinnaker Trust now owns 11,322 shares of the conglomerate’s stock worth $2,558,000 after acquiring an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HON. Citigroup lowered their target price on shares of Honeywell International from $253.00 to $229.00 and set a “buy” rating for the company in a research note on Monday, April 14th. JPMorgan Chase & Co. raised their price objective on Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Wells Fargo & Company upped their target price on Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 30th. Barclays decreased their price target on Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Finally, Royal Bank of Canada boosted their price target on Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $245.57.

Honeywell International Trading Down 0.5%

NASDAQ HON opened at $225.52 on Tuesday. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The company has a market capitalization of $144.94 billion, a PE ratio of 25.89, a P/E/G ratio of 2.51 and a beta of 1.07. The company has a fifty day moving average of $209.24 and a 200 day moving average of $216.08.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. The business had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.25 EPS. Research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Honeywell International 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.