Sen. Tommy Tuberville Sells Off Shares of Honeywell International Inc. (NASDAQ:HON)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Honeywell International Inc. (NASDAQ:HON). In a filing disclosed on November 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Honeywell International stock on October 29th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Travelers Companies (NYSE:TRV) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Kimberly-Clark (NYSE:KMB) on 10/29/2024.
• Sold $1,001 – $15,000 in shares of Corteva (NYSE:CTVA) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Owens Corning (NYSE:OC) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of McDonald’s (NYSE:MCD) on 10/29/2024.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/26/2024.

Honeywell International Stock Performance

Shares of HON opened at $228.99 on Friday. The stock has a 50-day simple moving average of $210.77 and a 200-day simple moving average of $207.50. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a market capitalization of $148.90 billion, a PE ratio of 26.62, a PEG ratio of 2.77 and a beta of 1.03. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is presently 49.88%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. UBS Group restated a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Royal Bank of Canada boosted their target price on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $241.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. M&T Bank Corp raised its stake in shares of Honeywell International by 1.1% during the third quarter. M&T Bank Corp now owns 298,210 shares of the conglomerate’s stock worth $61,643,000 after purchasing an additional 3,143 shares during the last quarter. Executive Wealth Management LLC purchased a new stake in shares of Honeywell International during the third quarter worth approximately $234,000. Continuum Advisory LLC raised its stake in shares of Honeywell International by 402.0% during the third quarter. Continuum Advisory LLC now owns 502 shares of the conglomerate’s stock worth $104,000 after purchasing an additional 402 shares during the last quarter. LRI Investments LLC raised its stake in shares of Honeywell International by 22.4% during the third quarter. LRI Investments LLC now owns 8,644 shares of the conglomerate’s stock worth $1,787,000 after purchasing an additional 1,584 shares during the last quarter. Finally, Harvest Investment Advisors LLC purchased a new stake in shares of Honeywell International during the third quarter worth approximately $1,605,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.