Autumn Glory Partners LLC Purchases 2,624 Shares of Honeywell International Inc. (NASDAQ:HON)

Autumn Glory Partners LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 182.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,064 shares of the conglomerate's stock after buying an additional 2,624 shares during the quarter. Autumn Glory Partners LLC's holdings in Honeywell International were worth $861,000 at the end of the most recent quarter.

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

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $221.87 on Thursday. The firm's 50 day moving average is $215.09 and its two-hundred day moving average is $215.96. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The firm has a market capitalization of $142.59 billion, a P/E ratio of 25.50, a PEG ratio of 2.59 and a beta of 1.08. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. The business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $2.25 earnings per share. Analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is currently 51.95%.

Analysts Set New Price Targets

HON has been the topic of a number of analyst reports. Mizuho raised their target price on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Barclays increased their target price on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research note on Wednesday. Wells Fargo & Company raised their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $249.21.

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.

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