Fishman Jay A Ltd. MI Sells 5,633 Shares of Honeywell International Inc. (NASDAQ:HON)

Fishman Jay A Ltd. MI lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 18.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,632 shares of the conglomerate’s stock after selling 5,633 shares during the quarter. Honeywell International comprises approximately 0.5% of Fishman Jay A Ltd. MI’s holdings, making the stock its 26th largest position. Fishman Jay A Ltd. MI’s holdings in Honeywell International were worth $5,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. New Republic Capital LLC bought a new position in shares of Honeywell International during the fourth quarter valued at $230,000. Single Point Partners LLC bought a new stake in shares of Honeywell International during the fourth quarter worth $239,000. Stonebridge Financial Group LLC acquired a new position in Honeywell International during the 4th quarter valued at about $534,000. Essex Financial Services Inc. boosted its stake in Honeywell International by 12.4% in the fourth quarter. Essex Financial Services Inc. now owns 12,363 shares of the conglomerate’s stock valued at $2,793,000 after acquiring an additional 1,360 shares during the last quarter. Finally, Violich Capital Management Inc. boosted its position in shares of Honeywell International by 49.1% in the 4th quarter. Violich Capital Management Inc. now owns 64,481 shares of the conglomerate’s stock worth $14,566,000 after purchasing an additional 21,235 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling at Honeywell International

In other news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the transaction, the vice president now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HON. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $248.71.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $206.94 on Wednesday. The company has a market capitalization of $134.56 billion, a PE ratio of 23.76, a PEG ratio of 2.55 and a beta of 1.05. The business has a fifty day moving average price of $224.09 and a 200-day moving average price of $215.15. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts expect that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

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.