Empower Advisory Group LLC Has $109.19 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Empower Advisory Group LLC trimmed its stake in Honeywell International Inc. (NASDAQ:HON) by 12.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 483,390 shares of the conglomerate’s stock after selling 70,361 shares during the quarter. Empower Advisory Group LLC owned about 0.07% of Honeywell International worth $109,193,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Creative Planning grew its holdings in shares of Honeywell International by 6.2% during the third quarter. Creative Planning now owns 230,532 shares of the conglomerate’s stock valued at $47,653,000 after buying an additional 13,420 shares during the last quarter. Howard Capital Management Group LLC raised its stake in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after purchasing an additional 174 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of Honeywell International by 9.2% in the third quarter. V Square Quantitative Management LLC now owns 1,054 shares of the conglomerate’s stock valued at $218,000 after purchasing an additional 89 shares in the last quarter. Net Worth Advisory Group purchased a new position in shares of Honeywell International during the third quarter valued at approximately $577,000. Finally, Accurate Wealth Management LLC grew its holdings in Honeywell International by 3.0% during the third quarter. Accurate Wealth Management LLC now owns 3,863 shares of the conglomerate’s stock worth $840,000 after buying an additional 114 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Down 1.2 %

Shares of NASDAQ HON opened at $202.75 on Monday. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12. The business’s fifty day moving average price is $222.30 and its 200-day moving average price is $215.21. The stock has a market capitalization of $131.84 billion, a PE ratio of 23.28, a P/E/G ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. On average, equities research analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.23%. Honeywell International’s dividend payout ratio is presently 51.89%.

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 stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, 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 position. The transaction 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 corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HON shares. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $248.71.

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.