Game Plan Financial Advisors LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Game Plan Financial Advisors LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 46.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 943 shares of the conglomerate’s stock after buying an additional 298 shares during the period. Game Plan Financial Advisors LLC’s holdings in Honeywell International were worth $194,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HON. Industrial Alliance Investment Management Inc. boosted its holdings in Honeywell International by 1,205.8% in the 3rd quarter. Industrial Alliance Investment Management Inc. now owns 3,395 shares of the conglomerate’s stock valued at $627,000 after purchasing an additional 3,135 shares during the period. Jag Capital Management LLC boosted its holdings in Honeywell International by 40.8% in the 3rd quarter. Jag Capital Management LLC now owns 1,619 shares of the conglomerate’s stock valued at $299,000 after purchasing an additional 469 shares during the period. Torray Investment Partners LLC boosted its holdings in Honeywell International by 0.3% in the 4th quarter. Torray Investment Partners LLC now owns 58,708 shares of the conglomerate’s stock valued at $12,312,000 after purchasing an additional 190 shares during the period. Shulman DeMeo Asset Management LLC lifted its holdings in shares of Honeywell International by 11.1% during the 4th quarter. Shulman DeMeo Asset Management LLC now owns 1,686 shares of the conglomerate’s stock worth $354,000 after acquiring an additional 169 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH lifted its holdings in shares of Honeywell International by 0.3% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 26,817 shares of the conglomerate’s stock worth $5,624,000 after acquiring an additional 89 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Royal Bank of Canada lowered their price target on shares of Honeywell International from $222.00 to $218.00 and set a “sector perform” rating for the company in a research note on Tuesday, June 4th. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the stock from $195.00 to $240.00 in a research note on Wednesday, March 6th. Citigroup boosted their price target on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, June 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $215.00 price target (down from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and a consensus target price of $224.75.

Honeywell International Stock Up 1.2 %

HON traded up $2.53 during midday trading on Monday, reaching $217.62. The company’s stock had a trading volume of 670,536 shares, compared to its average volume of 2,926,382. The stock’s 50-day moving average is $201.62 and its 200-day moving average is $200.90. The firm has a market capitalization of $141.71 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 2.28 and a beta of 1.03. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $218.36. The company has a current ratio of 1.66, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, April 25th. The conglomerate reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.08. The firm had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $9.03 billion. Honeywell International had a net margin of 15.52% and a return on equity of 35.88%. The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.07 earnings per share. As a group, research analysts expect that Honeywell International Inc. will post 10.23 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Friday, May 17th were issued a dividend of $1.08 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $4.32 dividend on an annualized basis and a yield of 1.99%. Honeywell International’s dividend payout ratio is currently 50.06%.

Insider Buying and Selling at Honeywell International

In other news, CFO Gregory P. Lewis sold 25,209 shares of the stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total value of $4,866,849.54. Following the completion of the sale, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Gregory P. Lewis sold 25,209 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $193.06, for a total transaction of $4,866,849.54. Following the completion of the transaction, the chief financial officer now directly owns 55,471 shares of the company’s stock, valued at $10,709,231.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Darius Adamczyk sold 28,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the transaction, the director now directly owns 203,510 shares of the company’s stock, valued at $41,507,899.60. The disclosure for this sale can be found here. 0.41% of the stock is owned by corporate insiders.

Honeywell International 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.