Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Strategic Planning Group LLC

Strategic Planning Group LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,020 shares of the conglomerate's stock after purchasing an additional 2,371 shares during the quarter. Strategic Planning Group LLC's holdings in Honeywell International were worth $4,451,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LaFleur & Godfrey LLC increased its position in shares of Honeywell International by 40.7% during the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock worth $9,550,000 after purchasing an additional 12,227 shares in the last quarter. Brighton Jones LLC lifted its stake in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in Honeywell International during the fourth quarter worth about $21,525,000. Chicago Partners Investment Group LLC increased its holdings in Honeywell International by 2.1% in the 4th quarter. Chicago Partners Investment Group LLC now owns 2,986 shares of the conglomerate's stock valued at $658,000 after purchasing an additional 60 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its stake in Honeywell International by 14.1% during the 4th quarter. Resonant Capital Advisors LLC now owns 1,545 shares of the conglomerate's stock worth $349,000 after acquiring an additional 191 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently issued reports on HON shares. Mizuho increased 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. Citigroup raised their price target on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday. Morgan Stanley boosted their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Royal Bank of Canada increased their price objective on Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 30th. Finally, Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and boosted their target price for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Eight equities research 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $248.14.

Honeywell International Stock Down 0.3%

HON traded down $0.78 on Thursday, reaching $226.67. The company's stock had a trading volume of 3,247,378 shares, compared to its average volume of 3,818,965. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The stock has a 50 day moving average of $209.84 and a two-hundred day moving average of $216.23. The company has a market capitalization of $145.68 billion, a price-to-earnings ratio of 26.02, a P/E/G ratio of 2.51 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results 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. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The business had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the prior year, the business posted $2.25 EPS. The company's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, analysts forecast 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 will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Friday, May 16th. Honeywell International's payout ratio is currently 51.95%.

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.