Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Johnson Financial Group Inc.

Johnson Financial Group Inc. raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 18.9% during the 4th quarter, Holdings Channel reports. The firm owned 6,124 shares of the conglomerate’s stock after purchasing an additional 973 shares during the quarter. Johnson Financial Group Inc.’s holdings in Honeywell International were worth $1,284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Altshuler Shaham Ltd purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $27,000. Cordant Inc. purchased a new stake in shares of Honeywell International in the fourth quarter valued at about $31,000. Rakuten Securities Inc. acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $31,000. Financial Connections Group Inc. acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $37,000. Finally, Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada cut 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price objective (down previously from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $195.00 to $240.00 in a research report on Wednesday, March 6th. Barclays boosted their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Finally, StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Honeywell International presently has an average rating of “Hold” and an average price target of $215.71.

Honeywell International Trading Up 0.2 %

HON stock traded up $0.30 on Friday, hitting $199.69. 2,360,667 shares of the company were exchanged, compared to its average volume of 2,620,083. Honeywell International Inc. has a twelve month low of $174.88 and a twelve month high of $210.87. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.66 and a quick ratio of 1.28. The business’s fifty day moving average is $198.51 and its two-hundred day moving average is $198.69. The stock has a market capitalization of $130.04 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 2.30 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 EPS for the quarter, topping the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The firm had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the prior year, the business posted $2.07 earnings per share. Honeywell International’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, research analysts forecast that Honeywell International Inc. will post 9.93 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 17th will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Thursday, May 16th. Honeywell International’s payout ratio is currently 50.06%.

Insider Transactions at Honeywell International

In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Darius Adamczyk sold 28,500 shares of the stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total value of $5,812,860.00. Following the completion of the sale, the director now owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Gregory P. Lewis sold 25,209 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief financial officer now owns 55,471 shares of the company’s stock, 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 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.