Fullcircle Wealth LLC Purchases 2,384 Shares of Honeywell International Inc. (NASDAQ:HON)

Fullcircle Wealth LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 43.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,875 shares of the conglomerate's stock after purchasing an additional 2,384 shares during the period. Fullcircle Wealth LLC's holdings in Honeywell International were worth $1,580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Centennial Bank AR raised its holdings in shares of Honeywell International by 7.6% during the first quarter. Centennial Bank AR now owns 1,383 shares of the conglomerate's stock valued at $293,000 after purchasing an additional 98 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Honeywell International by 9.6% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 23,288 shares of the conglomerate's stock valued at $4,931,000 after purchasing an additional 2,048 shares during the last quarter. Security National Bank of SO Dak raised its holdings in shares of Honeywell International by 7.6% during the first quarter. Security National Bank of SO Dak now owns 1,207 shares of the conglomerate's stock valued at $256,000 after purchasing an additional 85 shares during the last quarter. Financial Counselors Inc. raised its holdings in shares of Honeywell International by 3.1% during the first quarter. Financial Counselors Inc. now owns 183,174 shares of the conglomerate's stock valued at $38,787,000 after purchasing an additional 5,520 shares during the last quarter. Finally, YANKCOM Partnership raised its holdings in shares of Honeywell International by 1.5% during the first quarter. YANKCOM Partnership now owns 6,194 shares of the conglomerate's stock valued at $1,312,000 after purchasing an additional 89 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $240.52 on Monday. The firm has a fifty day moving average price of $222.98 and a 200-day moving average price of $215.91. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The stock has a market cap of $154.57 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $9.59 billion. During the same quarter in the prior year, the business earned $2.25 earnings per share. Honeywell International's revenue for the quarter was up 7.9% on a year-over-year basis. Equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have commented on HON shares. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a report on Wednesday, May 7th. Mizuho upped their target price on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. JPMorgan Chase & Co. upped 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. Finally, Barclays upped their target price on shares of Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a report on Wednesday, June 18th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $250.29.

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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