Honeywell International Inc. (NASDAQ:HON) Shares Sold by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.8% during the fourth quarter, Holdings Channel reports. The firm owned 9,481 shares of the conglomerate’s stock after selling 72 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Honeywell International were worth $2,142,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Curio Wealth LLC acquired a new stake in Honeywell International during the fourth quarter worth approximately $35,000. Signaturefd LLC increased its holdings in shares of Honeywell International by 5.6% in the 4th quarter. Signaturefd LLC now owns 14,551 shares of the conglomerate’s stock valued at $3,287,000 after acquiring an additional 767 shares during the period. Parallel Advisors LLC increased its holdings in shares of Honeywell International by 1.3% in the 4th quarter. Parallel Advisors LLC now owns 48,537 shares of the conglomerate’s stock valued at $10,964,000 after acquiring an additional 634 shares during the period. Cibc World Markets Corp increased its holdings in shares of Honeywell International by 411.8% in the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate’s stock valued at $285,832,000 after acquiring an additional 1,018,099 shares during the period. Finally, Gold Investment Management Ltd. increased its holdings in shares of Honeywell International by 7.6% in the 4th quarter. Gold Investment Management Ltd. now owns 4,330 shares of the conglomerate’s stock valued at $978,000 after acquiring an additional 304 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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 directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $209.47 on Monday. The firm has a market capitalization of $136.14 billion, a P/E ratio of 24.05, a PEG ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company’s fifty day moving average is $215.05 and its two-hundred day moving average is $216.58. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

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

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 annualized dividend and a dividend yield of 2.16%. Honeywell International’s dividend payout ratio is presently 51.89%.

Analyst Ratings Changes

HON has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Morgan Stanley lifted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the company from $236.00 to $260.00 in a report on Friday, February 7th. Royal Bank of Canada dropped their price objective on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus target price of $249.38.

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.