Quadrant Private Wealth Management LLC Has $1 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Quadrant Private Wealth Management LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,431 shares of the conglomerate’s stock after selling 130 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Honeywell International were worth $1,001,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC grew its position in Honeywell International by 4.5% in the third quarter. Wedge Capital Management L L P NC now owns 1,226 shares of the conglomerate’s stock valued at $253,000 after acquiring an additional 53 shares during the last quarter. Creative Planning grew its position in Honeywell International by 6.2% in the third quarter. Creative Planning now owns 230,532 shares of the conglomerate’s stock valued at $47,653,000 after acquiring an additional 13,420 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in shares of Honeywell International by 15.6% during the third quarter. Vontobel Holding Ltd. now owns 20,313 shares of the conglomerate’s stock valued at $4,199,000 after purchasing an additional 2,742 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of Honeywell International by 8.4% during the third quarter. Cornerstone Wealth Management LLC now owns 2,978 shares of the conglomerate’s stock valued at $616,000 after purchasing an additional 231 shares in the last quarter. Finally, One Wealth Advisors LLC boosted its stake in shares of Honeywell International by 10.1% during the third quarter. One Wealth Advisors LLC now owns 1,354 shares of the conglomerate’s stock valued at $280,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 1.2 %

Shares of NASDAQ HON opened at $202.75 on Friday. 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 $222.77 and its 200-day moving average price is $215.04. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.23%. Honeywell International’s dividend payout ratio (DPR) is 51.89%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Morgan Stanley boosted 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. The Goldman Sachs Group upped their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Wells Fargo & Company decreased their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. Finally, Royal Bank of Canada decreased their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Ten investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $248.71.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is currently owned by insiders.

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.