ESG Planning DBA Harper Investing Has $594,000 Position in Honeywell International Inc. (NASDAQ:HON)

ESG Planning DBA Harper Investing trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,629 shares of the conglomerate’s stock after selling 340 shares during the quarter. ESG Planning DBA Harper Investing’s holdings in Honeywell International were worth $594,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HON. Raymond James Financial Inc. acquired a new stake in Honeywell International in the 4th quarter worth about $435,786,000. ING Groep NV grew its position in shares of Honeywell International by 884.0% during the 4th quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate’s stock worth $395,866,000 after purchasing an additional 1,574,376 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares in the last quarter. Cibc World Markets Corp boosted its stake in shares of Honeywell International by 411.8% in the fourth quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate’s stock valued at $285,832,000 after buying an additional 1,018,099 shares during the period. Finally, Boston Partners grew its position in Honeywell International by 29.2% during the fourth quarter. Boston Partners now owns 2,994,634 shares of the conglomerate’s stock worth $675,986,000 after buying an additional 677,213 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $210.34 on Friday. The business has a 50 day moving average of $213.21 and a 200-day moving average of $216.87. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The company has a market capitalization of $136.70 billion, a P/E ratio of 24.15, a P/E/G ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results 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 net margin of 14.82% and a return on equity of 35.78%. On average, equities research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.15%. Honeywell International’s dividend payout ratio (DPR) is presently 51.89%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on HON shares. Morgan Stanley lifted their price objective on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Royal Bank of Canada decreased 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. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus price target of $249.08.

Insider Activity

In other 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 sale, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.41% of the company’s stock.

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.