Honeywell International Inc. (NASDAQ:HON) Stock Holdings Increased by Brighton Jones LLC

Brighton Jones LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,653 shares of the conglomerate’s stock after buying an additional 496 shares during the period. Brighton Jones LLC’s holdings in Honeywell International were worth $3,912,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Barclays PLC boosted its position in shares of Honeywell International by 57.3% in the third quarter. Barclays PLC now owns 3,190,755 shares of the conglomerate’s stock worth $589,462,000 after buying an additional 1,162,518 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Honeywell International by 6,557.2% during the fourth quarter. International Assets Investment Management LLC now owns 940,661 shares of the conglomerate’s stock worth $197,266,000 after acquiring an additional 926,531 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Honeywell International by 853.0% during the third quarter. Van ECK Associates Corp now owns 887,629 shares of the conglomerate’s stock worth $163,980,000 after acquiring an additional 794,489 shares in the last quarter. Adage Capital Partners GP L.L.C. raised its holdings in shares of Honeywell International by 51.3% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,874,877 shares of the conglomerate’s stock worth $346,365,000 after acquiring an additional 636,104 shares in the last quarter. Finally, California Public Employees Retirement System raised its holdings in shares of Honeywell International by 27.5% during the fourth quarter. California Public Employees Retirement System now owns 1,739,695 shares of the conglomerate’s stock worth $364,831,000 after acquiring an additional 375,158 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.5 %

HON stock traded down $1.04 during trading on Tuesday, hitting $192.73. The company had a trading volume of 3,127,683 shares, compared to its average volume of 3,012,040. The firm has a 50-day moving average price of $198.11 and a 200-day moving average price of $196.47. The stock has a market cap of $125.50 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.21 and a beta of 1.02. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $210.87. The company has a quick ratio of 1.28, a current ratio of 1.66 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.08. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The company had revenue of $9.11 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same quarter in the previous year, the business earned $2.07 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. As a group, analysts predict that Honeywell International Inc. will post 9.96 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Thursday, May 16th. Honeywell International’s payout ratio is presently 50.06%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HON. Royal Bank of Canada cut their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a report on Friday, February 2nd. Barclays lifted their target price on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $215.00 target price (down from $227.00) on shares of Honeywell International in a research report on Tuesday, April 16th. Berenberg Bank raised Honeywell International from a “hold” rating to a “buy” rating and lifted their price objective for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. Finally, StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $215.71.

Insider Buying and Selling

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.41% of the company’s stock.

About Honeywell International

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.