4,186 Shares in Honeywell International Inc. $HON Bought by JM2 Capital Inc.

JM2 Capital Inc. bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,186 shares of the conglomerate’s stock, valued at approximately $817,000.

A number of other large investors have also recently added to or reduced their stakes in HON. Brighton Jones LLC increased its holdings 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 purchasing an additional 1,582 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after purchasing an additional 2,629 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in Honeywell International by 18.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares in the last quarter. Nebula Research & Development LLC increased its holdings in Honeywell International by 3.1% during the 2nd quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock worth $1,374,000 after purchasing an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in Honeywell International by 4.4% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock worth $1,045,000 after purchasing an additional 188 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of a number of research reports. Wolfe Research increased their target price on Honeywell International from $293.00 to $296.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. BNP Paribas Exane raised their price objective on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Rothschild & Co Redburn raised their price objective on Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. raised their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group raised their price objective on Honeywell International from $236.00 to $262.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $251.83.

Honeywell International Trading Down 0.6%

Shares of NASDAQ:HON opened at $233.64 on Tuesday. Honeywell International Inc. has a 52-week low of $181.25 and a 52-week high of $248.18. The company has a market capitalization of $148.52 billion, a P/E ratio of 29.24, a price-to-earnings-growth ratio of 3.40 and a beta of 0.93. The company has a 50-day simple moving average of $235.14 and a 200 day simple moving average of $214.48. 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:HON) last issued its earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.64%. The business 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 business posted $2.47 EPS. Honeywell International’s revenue was up 6.4% on a year-over-year basis. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently disclosed 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 was Friday, February 27th. This represents a $4.76 annualized dividend and a yield of 2.0%. Honeywell International’s dividend payout ratio (DPR) is 59.57%.

Insider Activity at Honeywell International

In related news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction that occurred 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 of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Robert D. Mailloux sold 5,274 shares of Honeywell International stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $239.00, for a total value of $1,260,486.00. Following the sale, the vice president directly owned 4,803 shares of the company’s stock, valued at approximately $1,147,917. The trade was a 52.34% 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 valued at $4,244,287 over the last 90 days. Company insiders own 0.41% of the company’s stock.

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.