Livingston Group Asset Management CO operating as Southport Capital Management Sells 98 Shares of Honeywell International Inc. (NYSE:HON)

Livingston Group Asset Management CO operating as Southport Capital Management lessened its holdings in Honeywell International Inc. (NYSE:HON) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,786 shares of the conglomerate’s stock after selling 98 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management’s holdings in Honeywell International were worth $847,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC increased its position in Honeywell International by 1.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 125,089 shares of the conglomerate’s stock worth $21,165,000 after purchasing an additional 1,598 shares in the last quarter. First Hawaiian Bank boosted its position in Honeywell International by 3.9% in the third quarter. First Hawaiian Bank now owns 17,533 shares of the conglomerate’s stock valued at $2,967,000 after buying an additional 654 shares in the last quarter. Unified Trust Company N.A. boosted its position in Honeywell International by 3.9% in the second quarter. Unified Trust Company N.A. now owns 28,180 shares of the conglomerate’s stock valued at $4,919,000 after buying an additional 1,054 shares in the last quarter. IHT Wealth Management LLC boosted its position in Honeywell International by 11.1% in the third quarter. IHT Wealth Management LLC now owns 21,310 shares of the conglomerate’s stock valued at $3,607,000 after buying an additional 2,137 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of Honeywell International by 0.8% during the third quarter. Parametric Portfolio Associates LLC now owns 2,572,109 shares of the conglomerate’s stock worth $435,201,000 after buying an additional 21,401 shares during the last quarter. Hedge funds and other institutional investors own 75.56% of the company’s stock.

NYSE HON traded up $0.18 during mid-day trading on Thursday, reaching $181.57. 56,189 shares of the stock were exchanged, compared to its average volume of 2,111,366. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.08. The stock has a market cap of $129.50 billion, a P/E ratio of 22.67, a P/E/G ratio of 2.23 and a beta of 1.09. The stock has a 50 day simple moving average of $177.14 and a 200-day simple moving average of $171.91. Honeywell International Inc. has a one year low of $137.19 and a one year high of $183.12.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, October 17th. The conglomerate reported $2.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.01 by $0.07. Honeywell International had a return on equity of 32.01% and a net margin of 17.06%. The business had revenue of $9.09 billion during the quarter, compared to the consensus estimate of $9.12 billion. During the same period in the previous year, the company posted $2.03 earnings per share. The firm’s revenue for the quarter was down 15.6% on a year-over-year basis. Sell-side analysts anticipate that Honeywell International Inc. will post 8.14 EPS for the current fiscal year.

HON has been the subject of several research analyst reports. UBS Group began coverage on shares of Honeywell International in a report on Thursday, December 12th. They set a “neutral” rating and a $192.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $184.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday. Bank of America upped their target price on Honeywell International from $185.00 to $203.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Credit Suisse Group raised Honeywell International from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Morgan Stanley cut their price target on Honeywell International from $190.00 to $186.00 and set an “overweight” rating on the stock in a research note on Tuesday. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $191.42.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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