Aurora Private Wealth Inc. Has $1.69 Million Position in Honeywell International Inc. (NASDAQ:HON)

Aurora Private Wealth Inc. lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 378.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 7,993 shares of the conglomerate's stock after acquiring an additional 6,323 shares during the period. Aurora Private Wealth Inc.'s holdings in Honeywell International were worth $1,693,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Mainstream Capital Management LLC bought a new position in shares of Honeywell International in the fourth quarter valued at approximately $25,000. Avalon Trust Co increased its holdings in Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new position in Honeywell International in the 4th quarter valued at $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International in the fourth quarter worth $34,000. Finally, Curio Wealth LLC bought a new stake in shares of Honeywell International during the fourth quarter worth $35,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HON has been the topic of several research reports. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Wells Fargo & Company raised their price target on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday, April 30th. Citigroup upped their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. JPMorgan Chase & Co. lifted their target price on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Finally, Mizuho upped their price target on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $249.21.

Honeywell International Stock Up 2.1%

NASDAQ HON traded up $4.59 during trading hours on Thursday, reaching $226.38. 2,629,205 shares of the company's stock were exchanged, compared to its average volume of 3,814,547. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The company has a market capitalization of $145.49 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. The company's 50-day moving average is $217.70 and its two-hundred day moving average is $215.79. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping the consensus estimate of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The firm had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same period in the previous year, the firm posted $2.25 EPS. The company's revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a $1.13 dividend. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.00%. Honeywell International's dividend payout ratio is currently 51.95%.

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.