Honeywell International Inc. (NASDAQ:HON) Shares Sold by Jmac Enterprises LLC

Jmac Enterprises LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 54.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,100 shares of the conglomerate's stock after selling 2,487 shares during the quarter. Jmac Enterprises LLC's holdings in Honeywell International were worth $445,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC lifted its holdings in Honeywell International by 8.3% during the 1st quarter. Flagship Harbor Advisors LLC now owns 9,535 shares of the conglomerate's stock worth $2,019,000 after buying an additional 733 shares in the last quarter. Crumly & Associates Inc. lifted its holdings in Honeywell International by 12.5% during the 1st quarter. Crumly & Associates Inc. now owns 1,717 shares of the conglomerate's stock worth $364,000 after buying an additional 191 shares in the last quarter. Kennedy Investment Group lifted its holdings in Honeywell International by 1.7% during the 1st quarter. Kennedy Investment Group now owns 3,019 shares of the conglomerate's stock worth $639,000 after buying an additional 51 shares in the last quarter. Avantra Family Wealth Inc. lifted its holdings in Honeywell International by 138.1% during the 1st quarter. Avantra Family Wealth Inc. now owns 2,798 shares of the conglomerate's stock worth $592,000 after buying an additional 1,623 shares in the last quarter. Finally, Guyasuta Investment Advisors Inc. lifted its holdings in Honeywell International by 10.5% during the 1st quarter. Guyasuta Investment Advisors Inc. now owns 10,720 shares of the conglomerate's stock worth $2,270,000 after buying an additional 1,020 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Down 0.0%

NASDAQ HON opened at $221.80 on Monday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The firm's fifty day moving average price is $216.12 and its 200 day moving average price is $215.70. The company has a market capitalization of $142.55 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The company had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same period last year, the firm posted $2.25 EPS. Honeywell International's revenue for the quarter was up 7.9% on a year-over-year basis. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's payout ratio is currently 51.95%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HON. Mizuho increased their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a research report on Wednesday, May 7th. Barclays increased their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research report on Wednesday, June 18th. Citigroup increased their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Finally, Wells Fargo & Company increased their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Honeywell International has an average rating of "Moderate Buy" and an average price target of $249.21.

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.

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