Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Allen Mooney & Barnes Investment Advisors LLC

Allen Mooney & Barnes Investment Advisors LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,823 shares of the conglomerate's stock after purchasing an additional 2,463 shares during the quarter. Honeywell International makes up about 2.0% of Allen Mooney & Barnes Investment Advisors LLC's portfolio, making the stock its 17th biggest holding. Allen Mooney & Barnes Investment Advisors LLC's holdings in Honeywell International were worth $12,456,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mainstream Capital Management LLC purchased a new position in shares of Honeywell International during the 4th quarter worth $25,000. Avalon Trust Co raised 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 purchased a new position in shares of Honeywell International during the 4th quarter worth $29,000. Accredited Wealth Management LLC purchased a new position in shares of Honeywell International during the 4th quarter worth $34,000. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter worth $35,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Down 0.8%

Shares of Honeywell International stock traded down $1.76 on Friday, reaching $224.29. 2,497,010 shares of the company were exchanged, compared to its average volume of 3,824,955. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a market cap of $144.15 billion, a P/E ratio of 25.75, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The stock's 50 day moving average price is $213.35 and its 200-day moving average price is $215.94.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the previous year, the company posted $2.25 earnings per share. The business's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities analysts forecast that Honeywell International Inc. will post 10.34 EPS 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 issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is 51.95%.

Analyst Ratings Changes

Several brokerages recently issued reports on HON. Mizuho boosted their price objective 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. Royal Bank of Canada boosted their price objective 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. boosted their price objective 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. Barclays reduced their price objective on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Finally, Citigroup boosted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $248.14.

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.