Aspiriant LLC Sells 413 Shares of Honeywell International Inc. (NASDAQ:HON)

Aspiriant LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 16.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,097 shares of the conglomerate’s stock after selling 413 shares during the quarter. Aspiriant LLC’s holdings in Honeywell International were worth $444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Claris Advisors LLC MO lifted its position in shares of Honeywell International by 4.8% during the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate’s stock worth $241,000 after buying an additional 49 shares during the last quarter. Avantax Planning Partners Inc. lifted its position in shares of Honeywell International by 1.4% during the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate’s stock worth $777,000 after buying an additional 49 shares during the last quarter. Zions Bancorporation N.A. lifted its position in shares of Honeywell International by 7.4% during the 4th quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate’s stock worth $164,000 after buying an additional 50 shares during the last quarter. Cetera Trust Company N.A lifted its position in shares of Honeywell International by 0.5% during the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate’s stock worth $2,218,000 after buying an additional 50 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC lifted its position in shares of Honeywell International by 0.3% during the 4th quarter. Bryn Mawr Capital Management LLC now owns 19,536 shares of the conglomerate’s stock worth $4,413,000 after buying an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $221.87 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The stock has a market capitalization of $142.59 billion, a P/E ratio of 25.50, a P/E/G ratio of 2.59 and a beta of 1.08. The company’s fifty day moving average is $215.09 and its two-hundred day moving average is $215.96. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion for the quarter, compared to analysts’ expectations of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. Honeywell International’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.25 EPS. On average, sell-side analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were paid a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.04%. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HON. JPMorgan Chase & Co. boosted their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 30th. Royal Bank Of Canada boosted their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 30th. Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a research report on Wednesday, May 7th. Finally, Wall Street Zen upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday, May 15th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $249.21.

About Honeywell International

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.