Tiedemann Advisors LLC decreased its stake in shares of Honeywell International Inc. (NYSE:HON) by 61.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,158 shares of the conglomerate’s stock after selling 6,705 shares during the period. Tiedemann Advisors LLC’s holdings in Honeywell International were worth $737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Point72 Hong Kong Ltd increased its stake in Honeywell International by 535.7% in the 4th quarter. Point72 Hong Kong Ltd now owns 11,805 shares of the conglomerate’s stock worth $2,089,000 after buying an additional 9,948 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of Honeywell International by 5.0% in the fourth quarter. Advisors Asset Management Inc. now owns 153,842 shares of the conglomerate’s stock valued at $27,230,000 after acquiring an additional 7,354 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Honeywell International by 77.7% in the fourth quarter. Captrust Financial Advisors now owns 81,242 shares of the conglomerate’s stock valued at $14,688,000 after acquiring an additional 35,516 shares during the period. Bluefin Trading LLC acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $3,349,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Honeywell International by 64.7% in the fourth quarter. Cubist Systematic Strategies LLC now owns 42,326 shares of the conglomerate’s stock valued at $7,492,000 after acquiring an additional 16,632 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently commented on HON. Credit Suisse Group dropped their price objective on Honeywell International from $195.00 to $190.00 and set an “outperform” rating for the company in a research report on Monday, February 3rd. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $184.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, January 15th. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Friday, January 3rd. Bank of America boosted their price objective on Honeywell International from $185.00 to $203.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, Robert W. Baird reduced their price objective on Honeywell International from $190.00 to $150.00 and set an “outperform” rating for the company in a report on Monday. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $178.93.

Shares of HON stock traded up $10.14 during trading on Wednesday, hitting $129.65. The company had a trading volume of 7,158,578 shares, compared to its average volume of 3,954,765. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.10 and a current ratio of 1.34. The firm has a market capitalization of $74.01 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 1.34 and a beta of 1.06. The stock’s 50-day moving average price is $159.92 and its 200 day moving average price is $170.37. Honeywell International Inc. has a one year low of $101.08 and a one year high of $184.06.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, January 31st. The conglomerate reported $2.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.04 by $0.02. The business had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.62 billion. Honeywell International had a return on equity of 32.21% and a net margin of 16.73%. The business’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.91 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 8.45 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 28th were paid a dividend of $0.90 per share. The ex-dividend date was Thursday, February 27th. This represents a $3.60 annualized dividend and a yield of 2.78%. Honeywell International’s payout ratio is 44.12%.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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