The Honeywell International Inc. (HON) Position Boosted by Tiedemann Wealth Management LLC

The Honeywell International Inc. (HON) Position Boosted by Tiedemann Wealth Management LLC

Tiedemann Wealth Management LLC boosted its position in shares of Honeywell International Inc. (NYSE:HON) by 68.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,642 shares of the company’s stock after buying an additional 1,891 shares during the period. Tiedemann Wealth Management LLC’s holdings in Honeywell International were worth $508,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Krilogy Financial LLC raised its position in Honeywell International by 0.3% in the second quarter. Krilogy Financial LLC now owns 2,539 shares of the company’s stock valued at $295,000 after buying an additional 8 shares in the last quarter. Reilly Financial Advisors LLC raised its position in Honeywell International by 1.1% in the third quarter. Reilly Financial Advisors LLC now owns 888 shares of the company’s stock valued at $104,000 after buying an additional 10 shares in the last quarter. Alpha Windward LLC raised its position in Honeywell International by 0.7% in the third quarter. Alpha Windward LLC now owns 1,688 shares of the company’s stock valued at $197,000 after buying an additional 11 shares in the last quarter. Alpha Cubed Investments LLC raised its position in Honeywell International by 0.4% in the third quarter. Alpha Cubed Investments LLC now owns 3,708 shares of the company’s stock valued at $432,000 after buying an additional 14 shares in the last quarter. Finally, Rowland & Co. Investment Counsel ADV raised its position in Honeywell International by 0.4% in the third quarter. Rowland & Co. Investment Counsel ADV now owns 3,691 shares of the company’s stock valued at $430,000 after buying an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 74.95% of the company’s stock.

Honeywell International Inc. (NYSE:HON) traded up 0.71% during mid-day trading on Wednesday, hitting $118.06. The company had a trading volume of 2,305,900 shares. Honeywell International Inc. has a 12-month low of $95.89 and a 12-month high of $120.02. The company’s 50 day moving average price is $116.38 and its 200-day moving average price is $114.65. The firm has a market capitalization of $89.98 billion, a PE ratio of 18.48 and a beta of 0.95.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, October 21st. The company reported $1.67 EPS for the quarter, missing the Zacks’ consensus estimate of $1.70 by $0.03. The firm had revenue of $9.80 billion for the quarter, compared to the consensus estimate of $9.78 billion. Honeywell International had a net margin of 12.47% and a return on equity of 26.60%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $1.60 EPS. On average, analysts forecast that Honeywell International Inc. will post $6.60 EPS for the current fiscal year.

Several research analysts have recently issued reports on the company. Zacks Investment Research lowered Honeywell International from a “hold” rating to a “sell” rating in a research report on Tuesday, December 27th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $134.00 price target (up from $122.00) on shares of Honeywell International in a research report on Tuesday, December 20th. Credit Suisse Group reaffirmed a “hold” rating and set a $110.00 price objective on shares of Honeywell International in a research note on Monday, December 19th. Jefferies Group reaffirmed a “buy” rating and set a $133.00 price objective (up previously from $130.00) on shares of Honeywell International in a research note on Monday, December 19th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $128.00 price objective on shares of Honeywell International in a research note on Saturday, December 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $125.74.

In other Honeywell International news, Director Bradley T. Sheares sold 3,000 shares of the company’s stock in a transaction on Monday, November 7th. The shares were sold at an average price of $109.99, for a total transaction of $329,970.00. Following the sale, the director now owns 7,288 shares of the company’s stock, valued at $801,607.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Linnet F. Deily sold 1,690 shares of the company’s stock in a transaction on Thursday, December 22nd. The shares were sold at an average price of $116.74, for a total transaction of $197,290.60. Following the sale, the director now directly owns 4,269 shares in the company, valued at approximately $498,363.06. The disclosure for this sale can be found here. Company insiders own 1.83% of the company’s stock.

About Honeywell International

Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

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