Honeywell International Inc. (NASDAQ:HON) Shares Sold by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 31.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 2,119 shares of the conglomerate’s stock after selling 972 shares during the quarter. Opal Wealth Advisors LLC’s holdings in Honeywell International were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Morton Capital Management LLC CA increased its holdings in Honeywell International by 0.9% in the 3rd quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after acquiring an additional 50 shares in the last quarter. Wayfinding Financial LLC boosted its stake in Honeywell International by 3.4% during the 4th quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after purchasing an additional 50 shares during the last quarter. Indiana Trust & Investment Management CO boosted its stake in Honeywell International by 0.9% during the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock worth $1,167,000 after purchasing an additional 50 shares during the last quarter. River Street Advisors LLC boosted its stake in Honeywell International by 2.0% during the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock worth $545,000 after purchasing an additional 50 shares during the last quarter. Finally, Triton Wealth Management PLLC boosted its stake in Honeywell International by 4.7% during the 4th quarter. Triton Wealth Management PLLC now owns 1,132 shares of the conglomerate’s stock worth $233,000 after purchasing an additional 51 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on HON shares. Royal Bank of Canada lowered their target price on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating on the stock in a research note on Tuesday, June 4th. Barclays lifted their target price on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Wednesday, May 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 price target (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $224.75.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at $10,709,231.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now owns 203,510 shares in the company, valued at $41,507,899.60. The disclosure for this sale can be found here. 0.41% of the stock is currently owned by insiders.

Honeywell International Stock Up 0.4 %

Shares of HON stock traded up $0.95 during trading hours on Friday, reaching $215.09. 7,929,048 shares of the stock were exchanged, compared to its average volume of 2,433,662. The business’s fifty day moving average is $201.62 and its two-hundred day moving average is $200.90. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $216.08. The firm has a market capitalization of $140.06 billion, a P/E ratio of 24.92, a P/E/G ratio of 2.28 and a beta of 1.03.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. During the same period in the prior year, the firm earned $2.07 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. As a group, research analysts expect that Honeywell International Inc. will post 10.23 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were paid a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 annualized dividend and a yield of 2.01%. Honeywell International’s dividend payout ratio is currently 50.06%.

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.