Honeywell International Inc. $HON Shares Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lowered its position in Honeywell International Inc. (NASDAQ:HON) by 30.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,819 shares of the conglomerate’s stock after selling 2,156 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Honeywell International were worth $1,014,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 118 shares during the period. Activest Wealth Management grew its holdings in shares of Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock worth $33,000 after purchasing an additional 115 shares during the period. Howard Hughes Medical Institute acquired a new stake in Honeywell International during the 2nd quarter worth approximately $33,000. Cedar Mountain Advisors LLC raised its holdings in Honeywell International by 116.7% in the third quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock valued at $33,000 after buying an additional 84 shares during the period. Finally, SJS Investment Consulting Inc. lifted its position in Honeywell International by 833.3% during the third quarter. SJS Investment Consulting Inc. now owns 168 shares of the conglomerate’s stock valued at $35,000 after buying an additional 150 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Sanford C. Bernstein set a $255.00 price target on shares of Honeywell International in a research report on Friday, January 16th. Jefferies Financial Group upped their target price on Honeywell International from $220.00 to $240.00 in a research report on Tuesday, February 3rd. Barclays raised their target price on Honeywell International from $250.00 to $259.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Rothschild & Co Redburn boosted their price target on Honeywell International from $222.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley lowered their price objective on shares of Honeywell International from $245.00 to $235.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 28th. Eleven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and an average target price of $244.50.

Honeywell International Stock Up 1.9%

Shares of Honeywell International stock opened at $238.38 on Monday. The stock has a market capitalization of $151.35 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 3.46 and a beta of 0.94. Honeywell International Inc. has a twelve month low of $169.21 and a twelve month high of $239.08. The company has a current ratio of 1.32, a quick ratio of 1.05 and a debt-to-equity ratio of 1.76. The business’s 50 day simple moving average is $206.77 and its 200-day simple moving average is $208.52.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 40.40% and a net margin of 12.74%.The company had revenue of $10.07 billion for the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter in the previous year, the company posted $2.47 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Insider Activity at Honeywell International

In other news, VP Robert D. Mailloux sold 10,549 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $229.00, for a total transaction of $2,415,721.00. Following the completion of the sale, the vice president owned 4,803 shares in the company, valued at approximately $1,099,887. This represents a 68.71% decrease in their position. 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 owned by insiders.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.