Jump Financial LLC Purchases 4,505 Shares of Honeywell International Inc. (NASDAQ:HON)

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

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baldwin Wealth Partners LLC MA raised its stake in Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares during the last quarter. World Investment Advisors grew its position in Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate’s stock worth $5,057,000 after buying an additional 12,969 shares in the last quarter. Coordinated Financial Services Inc. acquired a new position in Honeywell International in the 4th quarter valued at approximately $361,000. Costello Asset Management INC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $3,092,000. Finally, Schroder Investment Management Group raised its stake in shares of Honeywell International by 12.7% in the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate’s stock valued at $20,235,000 after purchasing an additional 10,092 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $196.60 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The stock has a market capitalization of $126.46 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.51 and a beta of 1.01. The business has a 50-day moving average price of $205.92 and a two-hundred day moving average price of $216.10.

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

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend was Friday, February 28th. Honeywell International’s payout ratio is 51.89%.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on HON shares. Wells Fargo & Company decreased their target price on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a research report on Friday, February 7th. Citigroup dropped their target price on Honeywell International from $253.00 to $229.00 and set a “buy” rating for the company in a report on Monday, April 14th. Royal Bank of Canada lowered their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research report on Friday, February 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and boosted their target price for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Finally, Barclays cut their price target on shares of Honeywell International from $251.00 to $247.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $242.15.

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.