Capital Advisors Inc. OK Has $56.06 Million Position in Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Inc. OK grew its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 0.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 264,746 shares of the conglomerate's stock after purchasing an additional 2,423 shares during the period. Capital Advisors Inc. OK's holdings in Honeywell International were worth $56,060,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Avalon Trust Co lifted its holdings in shares of Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after acquiring an additional 75 shares during the period. Mpwm Advisory Solutions LLC bought a new position in shares of Honeywell International during the 4th quarter worth about $29,000. Accredited Wealth Management LLC bought a new position in shares of Honeywell International during the 4th quarter worth about $34,000. Curio Wealth LLC bought a new position in shares of Honeywell International during the 4th quarter worth about $35,000. Finally, Alexis Investment Partners LLC bought a new position in Honeywell International during the 4th quarter valued at about $37,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HON has been the subject of several analyst reports. Royal Bank Of Canada reissued a "sector perform" rating and set a $226.00 price target on shares of Honeywell International in a report on Wednesday, June 25th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Barclays lifted their price target 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. Mizuho lifted their price target 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. Finally, Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a report on Wednesday, May 7th. 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $250.29.

Honeywell International Trading Up 0.3%

Shares of HON traded up $0.74 on Tuesday, reaching $240.09. 428,439 shares of the company's stock were exchanged, compared to its average volume of 3,835,058. 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 $154.30 billion, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07. The business has a 50 day moving average price of $223.75 and a two-hundred day moving average price of $215.99. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly 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. The business had revenue of $9.82 billion during 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%. Honeywell International's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.25 earnings per share. Research analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors 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 1.88%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is 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.