Roffman Miller Associates Inc. PA Trims Position in Honeywell International Inc. (NASDAQ:HON)

Roffman Miller Associates Inc. PA lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,913 shares of the conglomerate's stock after selling 3,237 shares during the quarter. Honeywell International makes up approximately 2.3% of Roffman Miller Associates Inc. PA's holdings, making the stock its 17th largest holding. Roffman Miller Associates Inc. PA's holdings in Honeywell International were worth $37,038,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of HON. Claris Advisors LLC MO increased its stake in Honeywell International by 4.8% in the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock worth $241,000 after acquiring an additional 49 shares during the last quarter. Avantax Planning Partners Inc. grew its holdings in shares of Honeywell International by 1.4% during the fourth quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock worth $777,000 after purchasing an additional 49 shares in the last quarter. Zions Bancorporation N.A. increased its position in shares of Honeywell International by 7.4% in the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock worth $164,000 after purchasing an additional 50 shares during the last quarter. Cetera Trust Company N.A raised its stake in Honeywell International by 0.5% in the first quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock valued at $2,218,000 after purchasing an additional 50 shares in the last quarter. Finally, Kennedy Investment Group lifted its position in Honeywell International by 1.7% during the first quarter. Kennedy Investment Group now owns 3,019 shares of the conglomerate's stock valued at $639,000 after purchasing an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HON shares. Citigroup lifted 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. JPMorgan Chase & Co. boosted their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Royal Bank Of Canada reissued a "sector perform" rating and set a $226.00 price target on shares of Honeywell International in a research note on Wednesday, June 25th. Finally, Barclays upped their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $250.29.

Honeywell International Trading Down 0.4%

HON stock traded down $1.05 on Monday, reaching $239.35. The company's stock had a trading volume of 2,709,913 shares, compared to its average volume of 3,848,453. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The business has a fifty day simple moving average of $222.98 and a two-hundred day simple moving average of $215.91. The firm has a market cap of $153.83 billion, a PE ratio of 27.51, a PEG ratio of 2.75 and a beta of 1.07. 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 announced its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. The firm had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.25 EPS. As a group, research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is 51.95%.

About Honeywell International

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.