Robocap Asset Management Ltd Has $4.24 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Robocap Asset Management Ltd lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 66.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,027 shares of the conglomerate's stock after purchasing an additional 7,971 shares during the period. Honeywell International comprises about 3.2% of Robocap Asset Management Ltd's investment portfolio, making the stock its 17th biggest holding. Robocap Asset Management Ltd's holdings in Honeywell International were worth $4,241,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Avalon Trust Co lifted its position in Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new stake in Honeywell International during the fourth quarter worth about $29,000. Accredited Wealth Management LLC bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $34,000. Curio Wealth LLC bought a new position in Honeywell International in the fourth quarter valued at approximately $35,000. Finally, Alexis Investment Partners LLC bought a new position in shares of Honeywell International during the fourth quarter worth $37,000. Institutional investors own 75.91% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays lifted their price target on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a research report on Wednesday, May 7th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $226.00 price objective on shares of Honeywell International in a research report on Wednesday, June 25th. Finally, Wells Fargo & Company lifted 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, July 1st. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $250.79.

Honeywell International Stock Performance

NASDAQ HON traded down $1.95 during trading on Thursday, reaching $236.77. The company's stock had a trading volume of 2,241,428 shares, compared to its average volume of 3,849,018. The firm has a 50 day moving average price of $224.88 and a 200 day moving average price of $216.31. The firm has a market capitalization of $152.17 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 2.73 and a beta of 1.07. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. 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 issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.25 EPS. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's payout ratio is presently 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.