Honeywell International Inc. (HON) Shares Sold by Aureus Asset Management LLC
Aureus Asset Management LLC reduced its position in Honeywell International Inc. (NYSE:HON) by 38.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,336 shares of the conglomerate’s stock after selling 2,070 shares during the period. Aureus Asset Management LLC’s holdings in Honeywell International were worth $445,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of HON. Burt Wealth Advisors raised its position in Honeywell International by 65.4% during the second quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 300 shares during the period. Mosaic Family Wealth LLC raised its position in Honeywell International by 11.4% during the second quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 78 shares during the period. Guidant Wealth Advisors raised its position in Honeywell International by 15.8% during the second quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 104 shares during the period. CKW Financial Group purchased a new stake in Honeywell International during the second quarter valued at approximately $108,000. Finally, Hanson McClain Inc. raised its position in Honeywell International by 0.4% during the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 3 shares during the period. Institutional investors own 76.04% of the company’s stock.
In other news, Director Bradley T. Sheares sold 1,328 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total transaction of $194,432.48. Following the transaction, the director now owns 4,002 shares of the company’s stock, valued at $585,932.82. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Krishna Mikkilineni sold 13,074 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $145.12, for a total value of $1,897,298.88. Following the completion of the transaction, the vice president now directly owns 104,998 shares in the company, valued at approximately $15,237,309.76. The disclosure for this sale can be found here. Corporate insiders own 1.56% of the company’s stock.
A number of equities research analysts have issued reports on HON shares. Jefferies Group restated a “buy” rating and set a $155.00 price objective on shares of Honeywell International in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research report on Thursday, August 17th. Royal Bank Of Canada set a $148.00 price objective on Honeywell International and gave the company a “buy” rating in a research report on Sunday, August 27th. Deutsche Bank restated a “buy” rating and set a $154.00 price objective on shares of Honeywell International in a research report on Thursday, September 21st. Finally, Citigroup upped their price objective on Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Two analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $154.00.
Honeywell International Inc. (NYSE HON) traded up $0.38 on Friday, hitting $153.66. The stock had a trading volume of 1,468,060 shares, compared to its average volume of 2,597,658. The company has a market capitalization of $117,061.73, a PE ratio of 22.11, a price-to-earnings-growth ratio of 2.36 and a beta of 0.99. Honeywell International Inc. has a 1 year low of $113.60 and a 1 year high of $156.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35.
Honeywell International (NYSE:HON) last released its earnings results on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, meeting analysts’ consensus estimates of $1.75. The firm had revenue of $10.12 billion for the quarter, compared to analysts’ expectations of $10.05 billion. Honeywell International had a return on equity of 26.26% and a net margin of 12.85%. The company’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 earnings per share. sell-side analysts expect that Honeywell International Inc. will post 7.06 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 17th were paid a dividend of $0.745 per share. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date was Thursday, November 16th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.94%. Honeywell International’s dividend payout ratio is currently 45.15%.
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Honeywell International Company Profile
Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.
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