Value Partners Investments Inc. Has $832,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Value Partners Investments Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 51.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,928 shares of the conglomerate's stock after acquiring an additional 1,342 shares during the period. Value Partners Investments Inc.'s holdings in Honeywell International were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Honeywell International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock worth $13,951,353,000 after purchasing an additional 380,299 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock worth $3,379,568,000 after buying an additional 627,422 shares during the period. Capital World Investors bought a new position in shares of Honeywell International during the fourth quarter worth about $1,594,216,000. Capital Research Global Investors grew its holdings in shares of Honeywell International by 5.5% during the fourth quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate's stock worth $1,500,141,000 after buying an additional 346,190 shares in the last quarter. Finally, Northern Trust Corp raised its position in Honeywell International by 5.7% in the 4th quarter. Northern Trust Corp now owns 6,253,570 shares of the conglomerate's stock valued at $1,412,619,000 after buying an additional 337,199 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

NASDAQ:HON traded up $4.59 during trading hours on Thursday, hitting $226.38. The company's stock had a trading volume of 2,629,205 shares, compared to its average volume of 3,808,009. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The company has a market capitalization of $145.49 billion, a P/E ratio of 26.02, a PEG ratio of 2.62 and a beta of 1.08. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock has a fifty day simple moving average of $217.70 and a 200-day simple moving average of $215.79.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly 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. 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%. The firm's revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 EPS. On average, analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued 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 2.00%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HON. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a research report on Wednesday, May 7th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $226.00 target price on shares of Honeywell International in a research note on Wednesday. Wells Fargo & Company boosted their price target 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. Citigroup lifted their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Finally, Barclays increased their price target on Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Eight equities research 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 data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $249.21.

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.