Honeywell International Inc. (NASDAQ:HON) Position Boosted by Private Wealth Partners LLC

Private Wealth Partners LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 9.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,853 shares of the conglomerate's stock after acquiring an additional 9,990 shares during the period. Honeywell International makes up 2.0% of Private Wealth Partners LLC's holdings, making the stock its 14th largest position. Private Wealth Partners LLC's holdings in Honeywell International were worth $24,532,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. LaFleur & Godfrey LLC increased its holdings in shares of Honeywell International by 40.7% in the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock valued at $9,550,000 after buying an additional 12,227 shares in the last quarter. Brighton Jones LLC raised its position in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after purchasing an additional 1,582 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in shares of Honeywell International during the fourth quarter valued at $21,525,000. Strategic Financial Concepts LLC boosted its position in shares of Honeywell International by 7.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,059 shares of the conglomerate's stock valued at $239,000 after purchasing an additional 70 shares during the period. Finally, Atlas Legacy Advisors LLC purchased a new position in Honeywell International in the 4th quarter worth about $403,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Royal Bank Of Canada boosted their price target on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a research note on Wednesday, May 7th. Finally, Wells Fargo & Company raised their target price on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $249.21.

Honeywell International Stock Up 0.0%

HON opened at $221.87 on Friday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month 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 business has a 50 day moving average price of $215.66 and a 200 day moving average price of $215.90. The firm has a market cap of $142.59 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its 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. The firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.25 EPS. Research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Friday, May 16th. Honeywell International's payout ratio is presently 51.95%.

About Honeywell International

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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