Jacobs & Co. CA Acquires 333 Shares of Honeywell International Inc. (NASDAQ:HON)

Jacobs & Co. CA grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,625 shares of the conglomerate’s stock after acquiring an additional 333 shares during the period. Honeywell International comprises 1.4% of Jacobs & Co. CA’s portfolio, making the stock its 23rd largest position. Jacobs & Co. CA’s holdings in Honeywell International were worth $12,713,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. raised its stake in Honeywell International by 1.8% in the second quarter. BlackRock Inc. now owns 43,079,893 shares of the conglomerate’s stock worth $8,939,078,000 after buying an additional 753,256 shares in the last quarter. State Street Corp raised its stake in Honeywell International by 0.5% in the second quarter. State Street Corp now owns 30,982,913 shares of the conglomerate’s stock worth $6,428,954,000 after buying an additional 146,701 shares in the last quarter. Morgan Stanley grew its holdings in Honeywell International by 1.6% in the fourth quarter. Morgan Stanley now owns 15,283,603 shares of the conglomerate’s stock worth $3,275,277,000 after purchasing an additional 241,992 shares during the period. Ameriprise Financial Inc. grew its holdings in Honeywell International by 5.2% in the third quarter. Ameriprise Financial Inc. now owns 6,995,897 shares of the conglomerate’s stock worth $1,292,307,000 after purchasing an additional 347,808 shares during the period. Finally, Northern Trust Corp grew its holdings in Honeywell International by 4.3% in the third quarter. Northern Trust Corp now owns 6,433,543 shares of the conglomerate’s stock worth $1,188,533,000 after purchasing an additional 263,640 shares during the period. 75.91% of the stock is owned by institutional investors.

Insider Activity at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of Honeywell International stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total value of $5,028,345.00. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this link. 0.43% of the stock is currently owned by corporate insiders.

Honeywell International Stock Up 2.1 %

Shares of HON stock opened at $205.13 on Thursday. The company has a market capitalization of $133.78 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 2.23 and a beta of 1.02. Honeywell International Inc. has a one year low of $174.88 and a one year high of $210.87. The company’s fifty day moving average price is $198.87 and its 200-day moving average price is $195.01. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.27 and a quick ratio of 0.93.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 EPS for the quarter, beating the consensus estimate of $2.59 by $0.01. The firm had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The company’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the firm earned $2.52 EPS. Sell-side analysts expect that Honeywell International Inc. will post 9.96 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $1.08 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $4.32 annualized dividend and a yield of 2.11%. Honeywell International’s payout ratio is 51.00%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Royal Bank of Canada cut their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. Barclays increased their price target on shares of Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a report on Tuesday, February 6th. Wells Fargo & Company increased their price target on shares of Honeywell International from $190.00 to $213.00 and gave the company an “equal weight” rating in a report on Tuesday, December 19th. Finally, Berenberg Bank upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $220.89.

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.