IronBridge Private Wealth LLC Has $4.02 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

IronBridge Private Wealth LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 17,789 shares of the conglomerate’s stock after selling 373 shares during the period. Honeywell International comprises approximately 1.5% of IronBridge Private Wealth LLC’s investment portfolio, making the stock its 21st biggest holding. IronBridge Private Wealth LLC’s holdings in Honeywell International were worth $4,018,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA increased its stake in Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after buying an additional 2,611 shares during the last quarter. World Investment Advisors boosted its position in Honeywell International by 137.7% in the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate’s stock worth $5,057,000 after purchasing an additional 12,969 shares during the last quarter. Coordinated Financial Services Inc. purchased a new stake in shares of Honeywell International during the 4th quarter valued at $361,000. Costello Asset Management INC purchased a new position in shares of Honeywell International in the 4th quarter worth about $3,092,000. Finally, Schroder Investment Management Group raised its position in Honeywell International by 12.7% in the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate’s stock worth $20,235,000 after acquiring an additional 10,092 shares during the period. 75.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by insiders.

Honeywell International Trading Up 1.7 %

Shares of Honeywell International stock opened at $196.60 on Friday. The company has a 50 day simple moving average of $205.92 and a two-hundred day simple moving average of $216.10. 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 firm has a market cap of $126.46 billion, a PE ratio of 22.57, a PEG ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.30%. The ex-dividend date was Friday, February 28th. Honeywell International’s dividend payout ratio is currently 51.89%.

Analyst Ratings Changes

Several brokerages have recently issued reports on HON. Citigroup decreased their price target 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. Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research note on Friday, February 7th. Barclays dropped their price objective on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating on the stock in a report on Wednesday, March 26th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and upped their price target for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Finally, Wells Fargo & Company dropped their target price on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $242.15.

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.