Honeywell International Inc. (NYSE:HON) Shares Sold by Aspiriant LLC

Aspiriant LLC lowered its holdings in Honeywell International Inc. (NYSE:HON) by 2.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,142 shares of the conglomerate’s stock after selling 78 shares during the quarter. Aspiriant LLC’s holdings in Honeywell International were worth $532,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in HON. Lenox Wealth Advisors LLC lifted its holdings in Honeywell International by 453.8% in the second quarter. Lenox Wealth Advisors LLC now owns 144 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 118 shares during the period. Krane Funds Advisors LLC acquired a new stake in Honeywell International in the second quarter valued at $25,000. Investors Research Corp lifted its holdings in Honeywell International by 678.3% in the third quarter. Investors Research Corp now owns 179 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 156 shares during the period. Mcmillion Capital Management Inc. acquired a new stake in Honeywell International in the second quarter valued at $31,000. Finally, Transamerica Financial Advisors Inc. lifted its holdings in Honeywell International by 2,371.4% in the second quarter. Transamerica Financial Advisors Inc. now owns 173 shares of the conglomerate’s stock valued at $31,000 after acquiring an additional 166 shares during the period. 76.46% of the stock is owned by institutional investors.

A number of research analysts have recently weighed in on the company. Credit Suisse Group raised their price target on Honeywell International from $185.00 to $187.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Cowen set a $180.00 price target on Honeywell International and gave the company a “buy” rating in a research report on Friday, October 18th. JPMorgan Chase & Co. raised their price target on Honeywell International from $178.00 to $184.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Royal Bank of Canada set a $177.00 price target on Honeywell International and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, Zacks Investment Research upgraded Honeywell International from a “sell” rating to a “hold” rating and set a $174.00 price target for the company in a research report on Monday, October 21st. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $185.80.

In related news, CEO Rajeev Gautam sold 10,984 shares of Honeywell International stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $163.88, for a total transaction of $1,800,057.92. Following the completion of the sale, the chief executive officer now owns 28,920 shares in the company, valued at approximately $4,739,409.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jaime Chico Pardo sold 7,000 shares of Honeywell International stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $165.92, for a total value of $1,161,440.00. Following the sale, the director now owns 7,103 shares of the company’s stock, valued at approximately $1,178,529.76. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,133 shares of company stock valued at $4,141,655. 0.73% of the stock is currently owned by company insiders.

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Shares of HON stock opened at $181.21 on Friday. The stock has a market cap of $129.10 billion, a P/E ratio of 22.62, a P/E/G ratio of 2.41 and a beta of 1.10. The business has a fifty day simple moving average of $168.54 and a 200-day simple moving average of $169.54. Honeywell International Inc. has a fifty-two week low of $123.48 and a fifty-two week high of $181.99. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Thursday, October 17th. The conglomerate reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.07. The firm had revenue of $9.09 billion during the quarter, compared to analysts’ expectations of $9.12 billion. Honeywell International had a return on equity of 32.01% and a net margin of 17.06%. The firm’s quarterly revenue was down 15.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.03 EPS. On average, sell-side analysts anticipate that Honeywell International Inc. will post 8.14 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Thursday, November 14th. This is a boost from Honeywell International’s previous quarterly dividend of $0.82. Honeywell International’s dividend payout ratio (DPR) is currently 40.95%.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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