Fishman Jay A Ltd. MI Acquires 3,290 Shares of Honeywell International Inc. (NYSE:HON)

Fishman Jay A Ltd. MI boosted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 7.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,430 shares of the conglomerate’s stock after purchasing an additional 3,290 shares during the quarter. Honeywell International comprises approximately 1.5% of Fishman Jay A Ltd. MI’s holdings, making the stock its 17th largest position. Fishman Jay A Ltd. MI’s holdings in Honeywell International were worth $8,194,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Lenox Wealth Advisors LLC raised its holdings in shares of Honeywell International by 453.8% in the 2nd quarter. Lenox Wealth Advisors LLC now owns 144 shares of the conglomerate’s stock worth $25,000 after buying an additional 118 shares in the last quarter. Krane Funds Advisors LLC acquired a new position in shares of Honeywell International in the 2nd quarter worth approximately $25,000. Investors Research Corp raised its holdings in shares of Honeywell International by 678.3% in the 3rd quarter. Investors Research Corp now owns 179 shares of the conglomerate’s stock worth $30,000 after buying an additional 156 shares in the last quarter. Mcmillion Capital Management Inc. acquired a new position in shares of Honeywell International in the 2nd quarter worth approximately $31,000. Finally, Transamerica Financial Advisors Inc. raised its holdings in shares of Honeywell International by 2,371.4% in the 2nd quarter. Transamerica Financial Advisors Inc. now owns 173 shares of the conglomerate’s stock worth $31,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 76.46% of the company’s stock.

A number of equities analysts have recently issued reports on HON shares. Jefferies Financial Group increased their target price on Honeywell International from $190.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Credit Suisse Group increased their target price on Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Royal Bank of Canada set a $177.00 target price on Honeywell International and gave the stock a “buy” rating in a report on Friday, July 19th. ValuEngine cut Honeywell International from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Zacks Investment Research raised Honeywell International from a “sell” rating to a “hold” rating and set a $174.00 target price for the company in a report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Honeywell International presently has an average rating of “Buy” and an average target price of $185.80.

HON stock traded up $1.55 during midday trading on Friday, reaching $181.21. 1,591,013 shares of the company’s stock traded hands, compared to its average volume of 2,742,230. The company has a 50-day simple moving average of $168.54 and a two-hundred day simple moving average of $169.54. Honeywell International Inc. has a 1-year low of $123.48 and a 1-year high of $181.99. The company has a market cap of $129.10 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61.

Honeywell International (NYSE:HON) last released its quarterly earnings results on Thursday, October 17th. The conglomerate reported $2.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.01 by $0.07. Honeywell International had a return on equity of 32.01% and a net margin of 17.06%. The firm had revenue of $9.09 billion during the quarter, compared to analysts’ expectations of $9.12 billion. During the same period last year, the firm posted $2.03 EPS. The business’s revenue was down 15.6% on a year-over-year basis. Equities research analysts forecast that Honeywell International Inc. will post 8.14 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 1.99%. This is a boost from Honeywell International’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, November 14th. Honeywell International’s dividend payout ratio (DPR) is currently 40.95%.

In other Honeywell International news, CEO Rajeev Gautam sold 10,984 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $163.88, for a total value of $1,800,057.92. Following the transaction, the chief executive officer now directly owns 28,920 shares in the company, valued at approximately $4,739,409.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jaime Chico Pardo sold 7,000 shares of the stock in a transaction on Monday, August 12th. The shares were sold at an average price of $165.92, for a total value of $1,161,440.00. Following the completion of the transaction, the director now owns 7,103 shares in the company, valued at $1,178,529.76. The disclosure for this sale can be found here. Insiders have sold a total of 25,133 shares of company stock valued at $4,141,655 over the last ninety days. Insiders own 0.73% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

See Also: Special Dividends

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

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