Fort Sheridan Advisors LLC Has $2.60 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Fort Sheridan Advisors LLC lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,524 shares of the conglomerate’s stock after selling 409 shares during the period. Fort Sheridan Advisors LLC’s holdings in Honeywell International were worth $2,603,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Group LLC increased its position in shares of Honeywell International by 6.7% in the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after purchasing an additional 174 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Honeywell International by 1.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 18,892 shares of the conglomerate’s stock valued at $3,905,000 after buying an additional 232 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Honeywell International by 10.8% during the 3rd quarter. Mutual Advisors LLC now owns 7,679 shares of the conglomerate’s stock worth $1,606,000 after acquiring an additional 747 shares during the period. Highline Wealth Partners LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $45,000. Finally, JFS Wealth Advisors LLC increased its stake in Honeywell International by 40.6% in the third quarter. JFS Wealth Advisors LLC now owns 9,533 shares of the conglomerate’s stock valued at $1,971,000 after acquiring an additional 2,753 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Activity

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction that occurred on 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 owns 41,580 shares in the company, valued at approximately $8,644,066.20. This represents a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is currently owned by company insiders.

Honeywell International Stock Up 0.4 %

Shares of NASDAQ HON opened at $212.27 on Friday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The company’s 50 day moving average price is $218.88 and its 200-day moving average price is $215.61. The company has a market capitalization of $137.96 billion, a P/E ratio of 24.37, a price-to-earnings-growth ratio of 2.51 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 net margin of 14.82% and a return on equity of 35.78%. Equities analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders 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 dividend yield of 2.13%. The ex-dividend date of this dividend is Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup reduced their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. UBS Group reissued a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Bank of America raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Ten investment 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, the stock has a consensus rating of “Moderate Buy” and an average target price 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.