Revisor Wealth Management LLC Takes Position in Honeywell International Inc. (NASDAQ:HON)

Revisor Wealth Management LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,157 shares of the conglomerate's stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also bought and sold shares of HON. Avalon Trust Co boosted its stake in shares of Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 75 shares during the period. Mpwm Advisory Solutions LLC purchased a new stake in Honeywell International during the 4th quarter valued at $29,000. Accredited Wealth Management LLC bought a new stake in Honeywell International in the 4th quarter worth $34,000. Curio Wealth LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at about $35,000. Finally, Alexis Investment Partners LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at about $37,000. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on HON. Wells Fargo & Company increased their target price on shares of Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a research note on Wednesday, May 7th. Citigroup raised their price target on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report 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 assigned a strong buy rating to the company. According to data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and a consensus target price of $250.29.

Honeywell International Stock Up 0.5%

Shares of Honeywell International stock opened at $240.52 on Friday. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The firm has a market cap of $154.57 billion, a price-to-earnings ratio of 27.65, a PEG ratio of 2.73 and a beta of 1.07. The company has a 50-day moving average of $222.15 and a 200 day moving average of $216.01. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the prior year, the company earned $2.25 earnings per share. The business's revenue was up 7.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Friday, May 16th. Honeywell International's payout ratio is 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.

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