Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Jump Financial LLC

Jump Financial LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 225.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,505 shares of the conglomerate’s stock after acquiring an additional 4,505 shares during the quarter. Jump Financial LLC’s holdings in Honeywell International were worth $1,469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in shares of Honeywell International by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate’s stock worth $13,951,353,000 after acquiring an additional 380,299 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Honeywell International by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate’s stock worth $3,379,568,000 after buying an additional 627,422 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Honeywell International by 10.3% during the 4th quarter. Bank of New York Mellon Corp now owns 6,763,764 shares of the conglomerate’s stock valued at $1,527,867,000 after buying an additional 631,761 shares during the last quarter. Invesco Ltd. boosted its stake in Honeywell International by 5.2% in the fourth quarter. Invesco Ltd. now owns 5,285,417 shares of the conglomerate’s stock valued at $1,193,923,000 after acquiring an additional 263,188 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Honeywell International by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,901,124 shares of the conglomerate’s stock worth $881,225,000 after purchasing an additional 116,925 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of a number of analyst reports. Morgan Stanley increased their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the company from $236.00 to $260.00 in a research report on Friday, February 7th. JPMorgan Chase & Co. lowered their price target 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 decreased their target price on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a research report on Wednesday, March 26th. Finally, StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Ten analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $242.15.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of Honeywell International stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Honeywell International Trading Up 1.7 %

Honeywell International stock opened at $196.60 on Friday. The company has a 50 day moving average price of $205.92 and a 200 day moving average price of $216.10. The firm has a market capitalization of $126.46 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 2.51 and a beta of 1.01. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a yield of 2.30%. Honeywell International’s payout ratio is 51.89%.

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.