Moseley Investment Management Inc. Has $1.86 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Moseley Investment Management Inc. trimmed its position in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 0.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,069 shares of the conglomerate’s stock after selling 58 shares during the period. Honeywell International makes up approximately 0.9% of Moseley Investment Management Inc.’s investment portfolio, making the stock its 28th largest position. Moseley Investment Management Inc.’s holdings in Honeywell International were worth $1,861,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HON. Altshuler Shaham Ltd acquired a new stake in Honeywell International in the fourth quarter valued at approximately $27,000. Scarborough Advisors LLC acquired a new stake in shares of Honeywell International during the 4th quarter valued at $27,000. Cordant Inc. bought a new stake in Honeywell International during the 4th quarter worth $31,000. Rakuten Securities Inc. acquired a new position in Honeywell International in the 4th quarter worth about $31,000. Finally, Financial Connections Group Inc. bought a new position in Honeywell International in the 4th quarter valued at approximately $37,000. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Barclays increased their price objective on Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the stock from $195.00 to $240.00 in a research report on Wednesday, March 6th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Finally, UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and a consensus price target of $224.75.

Check Out Our Latest Stock Report on HON

Honeywell International Price Performance

Shares of NASDAQ HON opened at $212.87 on Wednesday. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30. Honeywell International Inc. has a 1-year low of $174.88 and a 1-year high of $213.23. The firm’s 50-day moving average price is $200.55 and its 200-day moving average price is $200.55. The firm has a market capitalization of $138.62 billion, a P/E ratio of 24.67, a P/E/G ratio of 2.25 and a beta of 1.03.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.08. The business had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm earned $2.07 EPS. Equities research analysts anticipate that Honeywell International Inc. will post 10.24 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were paid a $1.08 dividend. The ex-dividend date was Thursday, May 16th. This represents a $4.32 annualized dividend and a yield of 2.03%. Honeywell International’s dividend payout ratio (DPR) is 50.06%.

Insiders Place Their Bets

In related news, Director Darius Adamczyk sold 28,500 shares of Honeywell International stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the sale, the director now directly owns 203,510 shares in the company, valued at $41,507,899.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.

Honeywell International Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONFree Report).

Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.