JFS Wealth Advisors LLC Decreases Stake in Honeywell International Inc. (NASDAQ:HON)

JFS Wealth Advisors LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HONFree Report) by 0.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,803 shares of the conglomerate’s stock after selling 54 shares during the period. JFS Wealth Advisors LLC’s holdings in Honeywell International were worth $1,427,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chicago Partners Investment Group LLC lifted its position in shares of Honeywell International by 2.2% during the third quarter. Chicago Partners Investment Group LLC now owns 2,697 shares of the conglomerate’s stock worth $487,000 after purchasing an additional 58 shares in the last quarter. Gradient Investments LLC increased its position in shares of Honeywell International by 23.7% in the 3rd quarter. Gradient Investments LLC now owns 3,372 shares of the conglomerate’s stock worth $623,000 after purchasing an additional 647 shares during the last quarter. First Horizon Advisors Inc. raised its stake in shares of Honeywell International by 45.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 44,171 shares of the conglomerate’s stock valued at $8,160,000 after purchasing an additional 13,714 shares in the last quarter. Financial Advocates Investment Management grew its stake in Honeywell International by 1.5% in the third quarter. Financial Advocates Investment Management now owns 6,419 shares of the conglomerate’s stock worth $1,186,000 after purchasing an additional 94 shares in the last quarter. Finally, Carmel Capital Partners LLC increased its holdings in Honeywell International by 280.0% in the third quarter. Carmel Capital Partners LLC now owns 760 shares of the conglomerate’s stock valued at $140,000 after buying an additional 560 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Honeywell International

In other Honeywell International news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the transaction, the chief financial officer now owns 55,471 shares of the company’s stock, valued at approximately $10,709,231.26. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, Director Darius Adamczyk sold 25,500 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the sale, the director now owns 183,400 shares in the company, valued at $36,164,646. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Gregory P. Lewis sold 25,209 shares of Honeywell International stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $193.06, for a total value of $4,866,849.54. Following the transaction, the chief financial officer now directly owns 55,471 shares in the company, valued at $10,709,231.26. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $2.29 during trading on Friday, hitting $202.92. 2,318,408 shares of the stock were exchanged, compared to its average volume of 2,916,214. The stock has a market cap of $132.14 billion, a PE ratio of 23.51, a P/E/G ratio of 2.34 and a beta of 1.02. The stock’s fifty day moving average is $197.69 and its 200 day moving average is $197.13. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.66.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, beating the consensus estimate of $2.17 by $0.08. The company had revenue of $9.11 billion for the quarter, compared to analyst estimates of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. Honeywell International’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.07 earnings per share. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 9.94 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Friday, May 17th will be given a dividend of $1.08 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.13%. Honeywell International’s dividend payout ratio (DPR) is presently 50.06%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HON. Barclays lifted their target price on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Royal Bank of Canada lowered their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Finally, Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the company from $195.00 to $240.00 in a research note on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $215.71.

Check Out Our Latest Stock Report on HON

Honeywell International Profile

(Free Report)

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.

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

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