Leigh Baldwin & CO. LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,416 shares of the conglomerate's stock, valued at approximately $546,000.
Other large investors have also modified their holdings of the company. Baldwin Wealth Partners LLC MA lifted its position in shares of Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock worth $15,203,000 after purchasing an additional 2,611 shares during the last quarter. World Investment Advisors raised its stake in Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after acquiring an additional 12,969 shares during the period. Coordinated Financial Services Inc. acquired a new stake in Honeywell International during the fourth quarter worth about $361,000. Costello Asset Management INC acquired a new stake in Honeywell International during the fourth quarter worth about $3,092,000. Finally, Schroder Investment Management Group raised its stake in Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock worth $20,235,000 after acquiring an additional 10,092 shares during the period. Institutional investors own 75.91% of the company's stock.
Honeywell International Price Performance
Shares of Honeywell International stock traded up $0.58 on Thursday, hitting $225.19. The company had a trading volume of 6,739,986 shares, compared to its average volume of 3,800,658. The business has a 50-day simple moving average of $208.47 and a 200-day simple moving average of $216.38. 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 market cap of $144.73 billion, a PE ratio of 25.85, a PEG ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.
Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The business's revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $2.25 earnings per share. Research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently disclosed 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 annualized dividend and a dividend yield of 2.01%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on HON shares. Royal Bank of Canada increased their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Morgan Stanley increased their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 11th. Barclays dropped their price target on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Wells Fargo & Company raised their price target on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Finally, JPMorgan Chase & Co. raised their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. 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 MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $245.57.
Get Our Latest Report on HON
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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