Sigma Planning Corp Has $5.72 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Sigma Planning Corp increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 13.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,016 shares of the conglomerate's stock after purchasing an additional 3,138 shares during the quarter. Sigma Planning Corp's holdings in Honeywell International were worth $5,721,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in HON. Vanguard Group Inc. lifted its stake in Honeywell International by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock valued at $13,951,353,000 after acquiring an additional 380,299 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Honeywell International by 4.4% during the 4th quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock worth $3,379,568,000 after buying an additional 627,422 shares during the last quarter. Capital World Investors acquired a new stake in shares of Honeywell International during the 4th quarter worth about $1,594,216,000. Capital Research Global Investors lifted its stake in shares of Honeywell International by 5.5% during the 4th quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate's stock worth $1,500,141,000 after buying an additional 346,190 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Honeywell International by 5.7% during the 4th quarter. Northern Trust Corp now owns 6,253,570 shares of the conglomerate's stock worth $1,412,619,000 after buying an additional 337,199 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $235.93 on Monday. The company has a 50 day moving average of $225.84 and a 200-day moving average of $216.23. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The company has a market cap of $151.63 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 2.68 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The business 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 firm's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.25 EPS. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business 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 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio is 51.95%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HON. Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a research note on Wednesday, May 7th. Mizuho raised their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. boosted their price objective 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. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, July 1st. Finally, Barclays boosted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Eight 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's stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of "Moderate Buy" and a consensus target price of $250.79.

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.

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