Sen. Sheldon Whitehouse Sells Off Shares of Honeywell International Inc. (NASDAQ:HON)

Senator Sheldon Whitehouse (D-Rhode Island) recently sold shares of Honeywell International Inc. (NASDAQ:HON). In a filing disclosed on November 07th, the Senator disclosed that they had sold between $1,001 and $15,000 in Honeywell International stock on October 29th.

Senator Sheldon Whitehouse also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 10/30/2024.
• Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Verizon Communications (NYSE:VZ) on 10/29/2024.
• Sold $100,001 – $250,000 in shares of Tesla (NASDAQ:TSLA) on 10/28/2024.
• Sold $15,001 – $50,000 in shares of Tesla (NASDAQ:TSLA) on 10/28/2024.
• Sold $15,001 – $50,000 in shares of Tesla (NASDAQ:TSLA) on 10/11/2024.
• Sold $1,001 – $15,000 in shares of Celsius (NASDAQ:CELH) on 10/8/2024.
• Purchased $1,001 – $15,000 in shares of Coca-Cola (NYSE:KO) on 10/8/2024.

Honeywell International Trading Up 0.5 %

NASDAQ:HON opened at $217.50 on Friday. Honeywell International Inc. has a twelve month low of $183.20 and a twelve month high of $222.98. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business has a 50 day moving average price of $208.31 and a two-hundred day moving average price of $206.25. The company has a market cap of $141.43 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.08%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is 49.88%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HON shares. Wells Fargo & Company upped their price objective on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Barclays dropped their price objective on Honeywell International from $232.00 to $229.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Bank of America restated a “neutral” rating and issued a $230.00 price target (down previously from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $223.73.

Institutional Trading of Honeywell International

Several large investors have recently modified their holdings of the stock. Norden Group LLC boosted its stake in Honeywell International by 47.9% in the first quarter. Norden Group LLC now owns 2,156 shares of the conglomerate’s stock valued at $443,000 after buying an additional 698 shares in the last quarter. Quent Capital LLC boosted its stake in Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after buying an additional 77 shares in the last quarter. OLD Second National Bank of Aurora boosted its stake in Honeywell International by 77.0% in the first quarter. OLD Second National Bank of Aurora now owns 8,913 shares of the conglomerate’s stock valued at $1,829,000 after buying an additional 3,878 shares in the last quarter. CFO4Life Group LLC acquired a new stake in Honeywell International in the first quarter valued at about $204,000. Finally, Duality Advisers LP acquired a new stake in Honeywell International in the first quarter valued at about $4,196,000. 75.91% of the stock is owned by institutional investors and hedge funds.

About Senator Whitehouse

Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2025. Whitehouse (Democratic Party) is running for re-election to the U.S. Senate to represent Rhode Island. He declared candidacy for the 2024 election. Whitehouse previously served as the Rhode Island attorney general from 1999 to 2003. Before that, he was a United States attorney from 1994 to 1998. He was nominated to the position by President Bill Clinton (D). Whitehouse was a superdelegate to the 2016 Democratic National Convention from Rhode Island. He cast his vote for Hillary Clinton. As of a 2014 analysis of multiple outside rankings, Whitehouse is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills.

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.