Game Plan Financial Advisors LLC Boosts Stock Position in Honeywell International Inc. $HON

Game Plan Financial Advisors LLC raised its stake in Honeywell International Inc. (NASDAQ:HONFree Report) by 725.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,441 shares of the conglomerate’s stock after purchasing an additional 5,661 shares during the quarter. Game Plan Financial Advisors LLC’s holdings in Honeywell International were worth $1,257,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HON. Brighton Jones LLC raised its position in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after buying an additional 1,582 shares during the last quarter. Acadian Asset Management LLC lifted its stake in shares of Honeywell International by 145.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Honeywell International by 18.3% in the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock valued at $1,844,000 after acquiring an additional 1,223 shares in the last quarter. Vinva Investment Management Ltd acquired a new position in shares of Honeywell International during the second quarter worth about $426,000. Finally, Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of Honeywell International by 322.9% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 22,825 shares of the conglomerate’s stock worth $5,315,000 after acquiring an additional 17,428 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International News Summary

Here are the key news stories impacting Honeywell International this week:

Insider Buying and Selling at Honeywell International

In other Honeywell International news, Director D Scott Davis sold 2,367 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $240.00, for a total value of $568,080.00. Following the transaction, the director directly owned 31,081 shares of the company’s stock, valued at $7,459,440. This trade represents a 7.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Robert D. Mailloux sold 10,549 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $229.00, for a total value of $2,415,721.00. Following the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. This trade represents a 68.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,190 shares of company stock worth $4,244,287 in the last 90 days. Company insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HON. Royal Bank Of Canada increased their target price on Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Vertical Research lowered Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft increased their price objective on Honeywell International from $273.00 to $292.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Sanford C. Bernstein set a $255.00 target price on Honeywell International in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $252.54.

Get Our Latest Stock Report on Honeywell International

Honeywell International Trading Down 0.9%

Shares of HON opened at $223.12 on Friday. Honeywell International Inc. has a fifty-two week low of $169.21 and a fifty-two week high of $248.18. The company has a market capitalization of $141.83 billion, a PE ratio of 27.92, a price-to-earnings-growth ratio of 3.23 and a beta of 0.92. The stock has a fifty day moving average of $233.39 and a two-hundred day moving average of $212.99. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.03 and a current ratio of 1.30.

Honeywell International (NASDAQ:HONGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 EPS for the quarter, beating the consensus estimate of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter in the previous year, the business earned $2.47 EPS. The firm’s revenue was up 6.4% on a year-over-year basis. As a group, analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Honeywell International’s dividend payout ratio (DPR) is currently 59.57%.

Honeywell International Profile

(Free Report)

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.

Further Reading

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

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