Roffman Miller Associates Inc. PA Sells 295 Shares of Honeywell International Inc. (NASDAQ:HON)

Roffman Miller Associates Inc. PA cut its position in Honeywell International Inc. (NASDAQ:HON) by 0.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,150 shares of the conglomerate’s stock after selling 295 shares during the quarter. Honeywell International comprises about 2.5% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 13th largest position. Roffman Miller Associates Inc. PA’s holdings in Honeywell International were worth $40,242,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Howard Capital Management Group LLC grew its position in Honeywell International by 6.7% during the third quarter. Howard Capital Management Group LLC now owns 2,760 shares of the conglomerate’s stock worth $571,000 after buying an additional 174 shares in the last quarter. Assenagon Asset Management S.A. grew its position in Honeywell International by 1.2% during the third quarter. Assenagon Asset Management S.A. now owns 18,892 shares of the conglomerate’s stock worth $3,905,000 after buying an additional 232 shares in the last quarter. Parcion Private Wealth LLC purchased a new position in Honeywell International during the third quarter worth about $350,000. PFG Investments LLC grew its position in Honeywell International by 6.2% during the third quarter. PFG Investments LLC now owns 10,827 shares of the conglomerate’s stock worth $2,238,000 after buying an additional 636 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in Honeywell International by 4.5% during the third quarter. DekaBank Deutsche Girozentrale now owns 598,248 shares of the conglomerate’s stock worth $122,831,000 after buying an additional 25,835 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Honeywell International

In other 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 completion of the transaction, the vice president now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.41% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently commented on HON. Morgan Stanley boosted their target price on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 11th. Royal Bank of Canada reduced their target price on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a research report on Friday, February 7th. UBS Group reiterated a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Finally, Barclays cut their price objective on Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a report on Monday, February 10th. Ten 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.com, Honeywell International has a consensus rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Trading Up 0.3 %

HON opened at $211.94 on Monday. The business has a 50 day simple moving average of $220.43 and a two-hundred day simple moving average of $215.49. The firm has a market capitalization of $137.74 billion, a price-to-earnings ratio of 24.33, a PEG ratio of 2.51 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 1.01. Honeywell International Inc. has a one year low of $189.75 and a one year high of $242.77.

Honeywell International (NASDAQ:HON) last released 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%. Analysts predict that Honeywell International Inc. will post 10.34 EPS 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 given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date is Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Honeywell International 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.