Cobblestone Capital Advisors LLC NY Sells 50 Shares of Honeywell International Inc. (NASDAQ:HON)

Cobblestone Capital Advisors LLC NY reduced its position in Honeywell International Inc. (NASDAQ:HON) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,970 shares of the conglomerate’s stock after selling 50 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Honeywell International were worth $1,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of HON. SVB Wealth LLC bought a new position in Honeywell International in the fourth quarter valued at about $16,689,000. Dynasty Wealth Management LLC increased its position in shares of Honeywell International by 52.1% during the 4th quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate’s stock valued at $2,559,000 after purchasing an additional 3,879 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Honeywell International by 20.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,524 shares of the conglomerate’s stock worth $1,022,000 after purchasing an additional 779 shares during the period. Anchor Capital Advisors LLC purchased a new position in shares of Honeywell International in the fourth quarter worth approximately $7,806,000. Finally, Peloton Wealth Strategists grew its position in Honeywell International by 9.6% during the fourth quarter. Peloton Wealth Strategists now owns 14,215 shares of the conglomerate’s stock valued at $3,211,000 after buying an additional 1,240 shares during the period. Institutional investors own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following 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 is accessible through this hyperlink. 0.41% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on HON shares. JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. UBS Group restated a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Jefferies Financial Group lifted their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Wells Fargo & Company reduced their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research report on Friday, February 7th. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $248.71.

Honeywell International Trading Up 0.3 %

Honeywell International stock opened at $212.89 on Friday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm’s 50 day moving average price is $218.57 and its 200-day moving average price is $215.72. 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 stock has a market cap of $138.36 billion, a P/E ratio of 24.44, a PEG ratio of 2.51 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $1.13 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.12%. Honeywell International’s dividend payout ratio is currently 51.89%.

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.