Catalina Capital Group LLC trimmed its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 56.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 991 shares of the conglomerate's stock after selling 1,306 shares during the period. Catalina Capital Group LLC's holdings in Honeywell International were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of HON. Claris Advisors LLC MO grew its holdings in Honeywell International by 4.8% in the fourth quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock valued at $241,000 after purchasing an additional 49 shares during the period. Avantax Planning Partners Inc. grew its holdings in Honeywell International by 1.4% in the fourth quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock valued at $777,000 after purchasing an additional 49 shares during the period. Zions Bancorporation N.A. grew its holdings in Honeywell International by 7.4% in the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock valued at $164,000 after purchasing an additional 50 shares during the period. Cetera Trust Company N.A grew its holdings in Honeywell International by 0.5% in the first quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock valued at $2,218,000 after purchasing an additional 50 shares during the period. Finally, Bryn Mawr Capital Management LLC grew its holdings in Honeywell International by 0.3% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 19,536 shares of the conglomerate's stock valued at $4,413,000 after purchasing an additional 52 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.
Honeywell International Stock Performance
Shares of Honeywell International stock opened at $221.87 on Thursday. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company has a market cap of $142.59 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 2.59 and a beta of 1.08. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The business's 50 day moving average price is $215.09 and its 200 day moving average price is $215.96.
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 36.19% and a net margin of 14.51%. The firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the business posted $2.25 earnings per share. The firm's revenue was up 7.9% compared to the same quarter last year. On average, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.
Honeywell International Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.04%. Honeywell International's dividend payout ratio is currently 51.95%.
Wall Street Analysts Forecast Growth
HON has been the topic of several research analyst reports. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a report on Wednesday, May 7th. Citigroup raised their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Royal Bank Of Canada raised their price objective on Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. Wells Fargo & Company raised their target price on Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 30th. Finally, Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $249.21.
Check Out Our Latest Stock Report on Honeywell International
About Honeywell International
(
Free Report)
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.
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