Honeywell International Inc. $HON Shares Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 45.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,643 shares of the conglomerate’s stock after buying an additional 45,312 shares during the period. Aquatic Capital Management LLC’s holdings in Honeywell International were worth $30,447,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HON. Franklin Resources Inc. raised its holdings in Honeywell International by 28.8% in the 3rd quarter. Franklin Resources Inc. now owns 10,196,543 shares of the conglomerate’s stock valued at $2,146,372,000 after acquiring an additional 2,277,234 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Honeywell International by 11.0% during the 3rd quarter. Invesco Ltd. now owns 6,115,954 shares of the conglomerate’s stock worth $1,287,408,000 after purchasing an additional 605,600 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of Honeywell International by 1.4% during the 3rd quarter. Capital Research Global Investors now owns 4,046,957 shares of the conglomerate’s stock worth $851,880,000 after purchasing an additional 55,681 shares during the last quarter. Unisphere Establishment grew its position in shares of Honeywell International by 8.1% in the second quarter. Unisphere Establishment now owns 4,000,000 shares of the conglomerate’s stock valued at $931,520,000 after purchasing an additional 300,000 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Honeywell International by 2.4% in the third quarter. Legal & General Group Plc now owns 3,814,512 shares of the conglomerate’s stock valued at $802,957,000 after purchasing an additional 88,723 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Price Performance

HON stock opened at $234.50 on Friday. Honeywell International Inc. has a 52-week low of $169.21 and a 52-week high of $248.18. The company has a quick ratio of 1.03, a current ratio of 1.30 and a debt-to-equity ratio of 1.81. The stock has a market cap of $149.07 billion, a price-to-earnings ratio of 29.35, a price-to-earnings-growth ratio of 3.39 and a beta of 0.92. The business has a fifty day moving average of $229.78 and a two-hundred day moving average of $212.34.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.The firm had revenue of $10.07 billion during the quarter, compared to the consensus estimate of $9.60 billion. During the same period last year, the company earned $2.47 EPS. The company’s quarterly revenue was up 6.4% on a year-over-year basis. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Friday, February 27th. Honeywell International’s dividend payout ratio is 59.57%.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HON shares. BNP Paribas Exane lifted their price objective on Honeywell International from $195.00 to $215.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Wells Fargo & Company raised their target price on Honeywell International from $215.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Argus boosted their price target on shares of Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Rothschild & Co Redburn upped their price objective on shares of Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Finally, Evercore raised their price objective on shares of Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average target price of $251.65.

Honeywell International Company Profile

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.