SFE Investment Counsel Sells 75 Shares of Honeywell International Inc. (NASDAQ:HON)

SFE Investment Counsel lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,363 shares of the conglomerate’s stock after selling 75 shares during the period. SFE Investment Counsel’s holdings in Honeywell International were worth $4,826,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. ZWJ Investment Counsel Inc. increased its holdings in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after buying an additional 47 shares during the last quarter. Saxony Capital Management LLC grew its position in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock worth $277,000 after acquiring an additional 47 shares in the last quarter. Magnus Financial Group LLC increased its stake in Honeywell International by 0.5% in the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after acquiring an additional 48 shares during the last quarter. Absher Wealth Management LLC raised its position in Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after purchasing an additional 49 shares in the last quarter. Finally, Bill Few Associates Inc. lifted its stake in Honeywell International by 0.3% during the fourth quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock worth $3,524,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction that occurred 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 of the company’s stock, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on HON shares. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, Deutsche Bank Aktiengesellschaft upgraded 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. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $248.71.

Honeywell International Stock Down 0.9 %

NASDAQ HON opened at $205.01 on Thursday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market capitalization of $133.31 billion, a PE ratio of 23.54, a PEG ratio of 2.55 and a beta of 1.05. 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 50-day moving average is $223.20 and its 200 day moving average is $215.11.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. Sell-side analysts forecast that Honeywell International Inc. will post 10.3 earnings per share for the current year.

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.