Honeywell International Inc. (NASDAQ:HON) Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 409.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 86,002 shares of the conglomerate’s stock after acquiring an additional 69,115 shares during the period. Jefferies Financial Group Inc.’s holdings in Honeywell International were worth $19,427,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $25,000. Avalon Trust Co grew its holdings in Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Honeywell International during the fourth quarter worth about $30,000. Accredited Wealth Management LLC acquired a new position in shares of Honeywell International in the fourth quarter worth about $34,000. Finally, Curio Wealth LLC purchased a new position in Honeywell International in the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Activity at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares of the company’s stock, valued at $8,644,066.20. The trade was a 40.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.41% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $205.00 to $178.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. Barclays cut their price target on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating on the stock in a report on Wednesday, April 30th. Royal Bank of Canada increased their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 30th. Bank of America raised shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 target price for the company in a research report on Wednesday. Finally, Citigroup reduced their price target on shares of Honeywell International from $253.00 to $229.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Nine research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $242.23.

Honeywell International Stock Performance

HON stock opened at $213.03 on Friday. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The stock has a market capitalization of $136.91 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock’s fifty day moving average is $205.26 and its two-hundred day moving average is $215.30.

Honeywell International (NASDAQ:HON) last posted its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. During the same period in the previous year, the business posted $2.25 EPS. Honeywell International’s revenue was up 7.9% on a year-over-year basis. On average, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is 51.95%.

Honeywell International Company 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.