Honeywell International Inc. (NASDAQ:HON) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,664 shares of the conglomerate’s stock after selling 202 shares during the period. Ironwood Investment Counsel LLC’s holdings in Honeywell International were worth $1,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC purchased a new stake in Honeywell International in the 4th quarter worth $25,000. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter valued at about $25,000. Hoese & Co LLP acquired a new stake in Honeywell International in the 4th quarter worth about $30,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp raised its holdings in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.2 %

Shares of Honeywell International stock opened at $206.69 on Friday. The stock has a market cap of $134.33 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The business has a fifty day simple moving average of $215.39 and a 200 day simple moving average of $216.39. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating 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%. Research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $1.13 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.19%. Honeywell International’s dividend payout ratio is currently 51.89%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Jefferies Financial Group lifted their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. The Goldman Sachs Group upped their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $249.38.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the company’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 completion of the transaction, the vice president now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.41% of the stock is owned by insiders.

About Honeywell International

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.