Integrated Advisors Network LLC Has $7.79 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Integrated Advisors Network LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,782 shares of the conglomerate's stock after acquiring an additional 2,076 shares during the period. Integrated Advisors Network LLC's holdings in Honeywell International were worth $7,789,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Mainstream Capital Management LLC bought a new position in shares of Honeywell International during the fourth quarter worth about $25,000. Avalon Trust Co grew its stake 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 in the last quarter. Mpwm Advisory Solutions LLC bought a new position in shares of Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $34,000. Finally, Curio Wealth LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $35,000. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HON shares. Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a research note on Wednesday, May 7th. Mizuho raised their target price on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Citigroup upped their price target on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Royal Bank of Canada upped their target price 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. Finally, JPMorgan Chase & Co. lifted their price target on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Eight 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, Honeywell International presently has a consensus rating of "Moderate Buy" and an average price target of $248.14.

Honeywell International Price Performance

Honeywell International stock traded down $0.18 during mid-day trading on Thursday, reaching $225.64. 418,165 shares of the company were exchanged, compared to its average volume of 3,806,529. The firm has a market cap of $145.01 billion, a PE ratio of 25.91, a PEG 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 company has a fifty day simple moving average of $211.75 and a 200-day simple moving average of $216.20. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating 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 quarter in the previous year, the firm earned $2.25 earnings per share. Honeywell International's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 2.00%. Honeywell International's dividend payout ratio (DPR) is currently 51.95%.

Honeywell International Company 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.