Honeywell International Inc. (NASDAQ:HON) Position Boosted by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 39.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,852 shares of the conglomerate's stock after acquiring an additional 2,793 shares during the period. Capital Investment Advisory Services LLC's holdings in Honeywell International were worth $2,086,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HON. World Investment Advisors raised its holdings in shares of 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 purchasing an additional 12,969 shares during the period. Coordinated Financial Services Inc. acquired a new stake in shares of Honeywell International during the fourth quarter worth $361,000. Schroder Investment Management Group raised its holdings in shares of Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock worth $20,235,000 after purchasing an additional 10,092 shares during the period. Red Door Wealth Management LLC raised its holdings in shares of Honeywell International by 2.6% during the first quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate's stock worth $6,160,000 after purchasing an additional 736 shares during the period. Finally, Potomac Fund Management Inc. ADV acquired a new stake in shares of Honeywell International during the fourth quarter worth $1,722,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $1.26 during trading hours on Friday, hitting $240.52. 1,903,189 shares of the company's stock traded hands, compared to its average volume of 3,853,027. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. 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's fifty day simple moving average is $222.98 and its two-hundred day simple moving average is $215.99. The company has a market cap of $154.57 billion, a price-to-earnings ratio of 27.65, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating 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 company had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. During the same quarter last year, the firm posted $2.25 EPS. The business's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio is 51.95%.

Wall Street Analyst Weigh In

Several research firms have recently commented on HON. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. JPMorgan Chase & Co. upped their price target on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a research report on Wednesday, May 7th. Mizuho upped their price target on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Wells Fargo & Company upped their price target on shares of Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $250.29.

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.