Liberty Square Wealth Partners LLC Takes Position in Honeywell International Inc. (NASDAQ:HON)

Liberty Square Wealth Partners 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 Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,084 shares of the conglomerate's stock, valued at approximately $471,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Cypress Asset Management Inc. TX purchased a new stake in Honeywell International in the 4th quarter valued at approximately $5,900,000. Ameriflex Group Inc. purchased a new stake in Honeywell International in the 4th quarter valued at approximately $403,000. United Advisor Group LLC lifted its stake in Honeywell International by 22.2% in the 4th quarter. United Advisor Group LLC now owns 2,267 shares of the conglomerate's stock valued at $512,000 after buying an additional 412 shares in the last quarter. Challenger Wealth Management purchased a new stake in Honeywell International in the 4th quarter valued at approximately $260,000. Finally, Ascent Group LLC lifted its stake in Honeywell International by 23.0% in the 4th quarter. Ascent Group LLC now owns 21,167 shares of the conglomerate's stock valued at $4,781,000 after buying an additional 3,964 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.8%

NASDAQ HON traded down $1.85 during trading hours on Wednesday, hitting $224.61. The company had a trading volume of 2,578,619 shares, compared to its average volume of 3,788,903. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a market capitalization of $144.35 billion, a price-to-earnings ratio of 25.79, a P/E/G ratio of 2.51 and a beta of 1.07. 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 firm's 50 day moving average is $208.18 and its 200 day moving average is $216.32.

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, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the prior year, the firm earned $2.25 EPS. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. Sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.01%. Honeywell International's dividend payout ratio is currently 51.95%.

Analyst Ratings Changes

A number of research firms recently issued reports on HON. JPMorgan Chase & Co. upped their target price on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Mizuho increased their price target on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Wells Fargo & Company increased their price target on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a "hold" rating to a "buy" rating and increased their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Finally, Morgan Stanley increased 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. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $245.57.

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.