Honeywell International Inc. (NASDAQ:HON) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,308 shares of the conglomerate's stock after selling 4,198 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in Honeywell International were worth $7,976,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HON. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International during the 4th quarter valued at approximately $25,000. Avalon Trust Co lifted its stake in Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new position in Honeywell International in the 4th quarter valued at $29,000. Accredited Wealth Management LLC bought a new position in shares of Honeywell International in the fourth quarter worth $34,000. Finally, Curio Wealth LLC purchased a new stake in shares of Honeywell International in the fourth quarter worth $35,000. 75.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Citigroup lowered their target price on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Morgan Stanley raised their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 11th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Finally, Wells Fargo & Company increased their target price on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Honeywell International has an average rating of "Moderate Buy" and a consensus target price of $245.57.

Honeywell International Trading Down 0.1%

Shares of HON traded down $0.22 during midday trading on Friday, hitting $224.98. The stock had a trading volume of 3,017,001 shares, compared to its average volume of 3,802,438. The stock's 50 day moving average is $208.74 and its 200 day moving average is $216.38. The firm has a market cap of $144.59 billion, a PE ratio of 25.85, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. 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 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the prior year, the firm posted $2.25 earnings per share. The company's quarterly revenue was up 7.9% on a year-over-year basis. As a group, analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a $1.13 dividend. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.01%. Honeywell International's dividend payout ratio is presently 51.95%.

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.