Jaffetilchin Investment Partners LLC Has $886,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Jaffetilchin Investment Partners LLC lessened its position in Honeywell International Inc. (NASDAQ:HON) by 43.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,316 shares of the conglomerate’s stock after selling 3,298 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Honeywell International were worth $886,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HON. LGT Group Foundation acquired a new stake in shares of Honeywell International in the 1st quarter valued at $26,000. Altshuler Shaham Ltd acquired a new stake in shares of Honeywell International in the 4th quarter valued at $27,000. Scarborough Advisors LLC acquired a new position in Honeywell International during the 4th quarter worth about $27,000. Cordant Inc. acquired a new position in Honeywell International during the 4th quarter worth about $31,000. Finally, Rakuten Securities Inc. acquired a new position in Honeywell International during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In other Honeywell International news, Director Darius Adamczyk sold 28,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $203.96, for a total transaction of $5,812,860.00. Following the completion of the transaction, the director now owns 203,510 shares of the company’s stock, valued at approximately $41,507,899.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.41% of the stock is owned by company insiders.

Honeywell International Trading Down 0.1 %

NASDAQ:HON traded down $0.17 on Thursday, hitting $204.58. 3,662,884 shares of the stock were exchanged, compared to its average volume of 2,914,729. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. The stock has a market capitalization of $132.91 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 2.30 and a beta of 1.04. The company’s 50-day moving average price is $209.91 and its 200 day moving average price is $202.56. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $220.79.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The business had revenue of $9.58 billion during the quarter, compared to analysts’ expectations of $9.41 billion. During the same period in the prior year, the business earned $2.23 EPS. Honeywell International’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 10.15 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Investors of record on Friday, August 16th will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Friday, August 16th. This represents a $4.32 dividend on an annualized basis and a yield of 2.11%. Honeywell International’s payout ratio is 50.06%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a research report on Wednesday, June 5th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a research report on Friday, July 26th. UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and upped their price target for the stock from $175.00 to $215.00 in a research report on Monday, June 10th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Wednesday, May 15th. Finally, Citigroup boosted their price objective on Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $225.00.

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.