JB Capital LLC Buys 14,156 Shares of Honeywell International Inc. $HON

JB Capital LLC lifted its position in Honeywell International Inc. (NASDAQ:HONFree Report) by 490.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,044 shares of the conglomerate’s stock after acquiring an additional 14,156 shares during the period. JB Capital LLC’s holdings in Honeywell International were worth $3,325,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Holos Integrated Wealth LLC acquired a new stake in Honeywell International in the fourth quarter worth $25,000. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock valued at $30,000 after buying an additional 118 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter valued at $31,000. Howard Hughes Medical Institute bought a new stake in shares of Honeywell International in the 2nd quarter valued at $33,000. Finally, Cedar Mountain Advisors LLC raised its stake in Honeywell International by 116.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 156 shares of the conglomerate’s stock worth $33,000 after buying an additional 84 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

More Honeywell International News

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

Insider Activity at Honeywell International

In other news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $229.00, for a total value of $2,415,721.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director D Scott Davis sold 2,367 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares in the company, valued at approximately $7,459,440. This represents a 7.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 18,190 shares of company stock valued at $4,244,287 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Honeywell International Price Performance

HON stock opened at $229.45 on Friday. The stock has a 50-day moving average price of $234.17 and a two-hundred day moving average price of $213.52. Honeywell International Inc. has a 1 year low of $169.21 and a 1 year high of $248.18. The stock has a market cap of $145.86 billion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 3.32 and a beta of 0.93. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HONGet Free Report) last posted its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.05. The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a return on equity of 40.64% and a net margin of 12.74%.Honeywell International’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.47 earnings per share. Equities analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal 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 given a dividend of $1.19 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. Honeywell International’s dividend payout ratio is 59.57%.

Analyst Ratings Changes

HON has been the subject of a number of research analyst reports. Citigroup boosted their target price on Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Wolfe Research raised their price target on Honeywell International from $293.00 to $296.00 and gave the stock an “outperform” rating in a research report on Thursday, March 26th. Wells Fargo & Company lifted their price objective on Honeywell International from $215.00 to $235.00 and gave the company an “equal weight” rating in a report on Friday, January 30th. Weiss Ratings upgraded Honeywell International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $251.83.

Check Out Our Latest Analysis on Honeywell International

Honeywell International Company 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.

Recommended Stories

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.