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

Vise Technologies Inc. boosted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 86.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,881 shares of the conglomerate's stock after buying an additional 4,581 shares during the quarter. Vise Technologies Inc.'s holdings in Honeywell International were worth $2,232,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HON. Valmark Advisers Inc. increased its holdings in shares of Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock valued at $1,048,000 after acquiring an additional 45 shares during the last quarter. Saxony Capital Management LLC increased its holdings in shares of Honeywell International by 4.0% in the 4th quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock valued at $277,000 after acquiring an additional 47 shares during the last quarter. Claris Advisors LLC MO increased its holdings in shares of Honeywell International by 4.8% in the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock valued at $241,000 after acquiring an additional 49 shares during the last quarter. Avantax Planning Partners Inc. increased its holdings in shares of Honeywell International by 1.4% in the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock valued at $777,000 after acquiring an additional 49 shares during the last quarter. Finally, NORTHSTAR ASSET MANAGEMENT Co LLC increased its holdings in shares of Honeywell International by 0.6% in the 4th quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 8,835 shares of the conglomerate's stock valued at $1,996,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on HON. Wells Fargo & Company increased their price objective on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday, April 30th. Royal Bank of Canada raised their price target on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Barclays dropped their price target on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Morgan Stanley raised their price target on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and a consensus price target of $245.57.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $4.43 during trading on Tuesday, hitting $226.46. 3,090,753 shares of the company were exchanged, compared to its average volume of 3,788,241. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. 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 $145.54 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 2.51 and a beta of 1.07. The firm's fifty day moving average price is $207.87 and its 200 day moving average price is $216.25.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping 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 company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same period in the prior year, the business posted $2.25 earnings per share. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is 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.