Vise Technologies Inc. Increases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Vise Technologies Inc. increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 86.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,881 shares of the conglomerate's stock after purchasing an additional 4,581 shares during the quarter. Vise Technologies Inc.'s holdings in Honeywell International were worth $2,232,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mainstream Capital Management LLC acquired a new position in Honeywell International during the fourth quarter worth $25,000. Avalon Trust Co raised its position in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $34,000. Finally, Curio Wealth LLC bought a new stake in Honeywell International during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. 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 report on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price objective for the company from $236.00 to $260.00 in a research note on Friday, February 7th. Morgan Stanley boosted their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $245.57.

Honeywell International Price Performance

Shares of Honeywell International stock traded up $0.21 on Thursday, reaching $224.82. The stock had a trading volume of 2,331,649 shares, compared to its average volume of 3,783,964. 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 $144.49 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The business's 50 day moving average is $208.47 and its two-hundred day moving average is $216.38.

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, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the prior year, the firm posted $2.25 earnings per share. The company's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International's payout ratio is 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.