Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Robocap Asset Management Ltd

Robocap Asset Management Ltd lifted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 66.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,027 shares of the conglomerate's stock after buying an additional 7,971 shares during the quarter. Honeywell International comprises approximately 3.2% of Robocap Asset Management Ltd's holdings, making the stock its 17th biggest position. Robocap Asset Management Ltd's holdings in Honeywell International were worth $4,241,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after buying an additional 1,582 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of Honeywell International by 40.8% in the fourth quarter. Proficio Capital Partners LLC now owns 2,635 shares of the conglomerate's stock worth $595,000 after purchasing an additional 764 shares during the period. Candriam S.C.A. increased its position in shares of Honeywell International by 88.3% in the fourth quarter. Candriam S.C.A. now owns 9,144 shares of the conglomerate's stock worth $2,066,000 after purchasing an additional 4,288 shares during the period. Edgestream Partners L.P. increased its position in shares of Honeywell International by 27.1% in the fourth quarter. Edgestream Partners L.P. now owns 3,386 shares of the conglomerate's stock worth $765,000 after purchasing an additional 721 shares during the period. Finally, Amundi increased its position in shares of Honeywell International by 10.9% in the fourth quarter. Amundi now owns 399,176 shares of the conglomerate's stock worth $87,887,000 after purchasing an additional 39,298 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

Shares of HON stock traded down $2.23 during mid-day trading on Friday, hitting $234.54. 717,761 shares of the stock were exchanged, compared to its average volume of 4,136,243. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The stock's fifty day simple moving average is $225.41 and its two-hundred day simple moving average is $216.38. The stock has a market capitalization of $150.74 billion, a price-to-earnings ratio of 26.96, a P/E/G ratio of 2.72 and a beta of 1.07.

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, beating 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 firm had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the firm earned $2.25 earnings per share. The firm's revenue was up 7.9% compared to the same quarter last year. On average, analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were paid a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 1.93%. Honeywell International's dividend payout ratio is presently 51.95%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HON. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a research report on Wednesday, June 25th. Wells Fargo & Company increased their price target on Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 1st. Mizuho increased their price target on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Finally, Citigroup increased their price target on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Eight investment 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 company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $250.79.

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.