Global Retirement Partners LLC Sells 354 Shares of Honeywell International Inc. (NASDAQ:HON)

Global Retirement Partners LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,118 shares of the conglomerate’s stock after selling 354 shares during the quarter. Global Retirement Partners LLC’s holdings in Honeywell International were worth $2,286,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International during the third quarter valued at $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the third quarter valued at $29,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the fourth quarter valued at $30,000. Financial Avengers Inc. increased its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction dated 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 transaction, the vice president now 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 document filed with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by company insiders.

Honeywell International Price Performance

Shares of HON opened at $211.35 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market cap of $137.36 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05. The stock’s 50-day moving average price is $220.74 and its two-hundred day moving average price is $215.17.

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

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Barclays lowered their target price on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research note on Monday, February 10th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Ten 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 stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $248.71.

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.