Honeywell International Inc. (NASDAQ:HON) Holdings Lifted by Sargent Investment Group LLC

Sargent Investment Group LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 46.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,223 shares of the conglomerate's stock after buying an additional 2,621 shares during the quarter. Sargent Investment Group LLC's holdings in Honeywell International were worth $1,741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC raised its holdings in shares of Honeywell International by 2.5% in the 1st quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate's stock worth $433,000 after buying an additional 49 shares in the last quarter. Zions Bancorporation N.A. boosted its position in shares of Honeywell International by 7.4% in the 4th quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock worth $164,000 after purchasing an additional 50 shares during the last quarter. Cetera Trust Company N.A boosted its position in shares of Honeywell International by 0.5% in the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock worth $2,218,000 after purchasing an additional 50 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC boosted its position in shares of Honeywell International by 12.0% in the 1st quarter. Mowery & Schoenfeld Wealth Management LLC now owns 466 shares of the conglomerate's stock worth $99,000 after purchasing an additional 50 shares during the last quarter. Finally, Kennedy Investment Group raised its stake in Honeywell International by 1.7% during the 1st quarter. Kennedy Investment Group now owns 3,019 shares of the conglomerate's stock worth $639,000 after buying an additional 51 shares during the period. Institutional investors and hedge funds own 75.91% of the company's stock.

Wall Street Analyst Weigh In

HON has been the topic of a number of recent analyst reports. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Citigroup increased their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target on the stock in a research report on Wednesday, May 7th. Wells Fargo & Company lifted their target price 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. Finally, Mizuho lifted their target price 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. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International Stock Down 0.8%

Shares of NASDAQ HON opened at $236.54 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The stock has a market capitalization of $152.02 billion, a price-to-earnings ratio of 27.19, a P/E/G ratio of 2.69 and a beta of 1.07. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The firm's 50-day moving average price is $228.22 and its 200-day moving average price is $216.65.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. The company 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%. Honeywell International's revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company posted $2.25 earnings per share. On average, equities research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 1.91%. Honeywell International's payout ratio is currently 51.95%.

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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