Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Simon Quick Advisors LLC

Simon Quick Advisors LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 72.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,523 shares of the conglomerate's stock after purchasing an additional 3,149 shares during the period. Simon Quick Advisors LLC's holdings in Honeywell International were worth $1,593,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HON. LaFleur & Godfrey LLC increased its holdings in Honeywell International by 40.7% in the 4th quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock valued at $9,550,000 after acquiring an additional 12,227 shares during the last quarter. Brighton Jones LLC increased its holdings in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after acquiring an additional 1,582 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Honeywell International in the 4th quarter worth about $21,525,000. Sapient Capital LLC increased its holdings in shares of Honeywell International by 5.1% in the 4th quarter. Sapient Capital LLC now owns 4,896 shares of the conglomerate's stock worth $1,106,000 after buying an additional 238 shares during the last quarter. Finally, Stonebridge Financial Group LLC bought a new stake in shares of Honeywell International in the 4th quarter worth about $534,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Up 0.1%

Shares of HON traded up $0.23 during mid-day trading on Thursday, hitting $226.05. The company's stock had a trading volume of 1,598,692 shares, compared to its average volume of 3,816,462. The company's 50-day moving average is $211.75 and its 200-day moving average is $216.20. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The firm has a market capitalization of $145.28 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 2.51 and a beta of 1.08. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.30. The firm had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The company's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.25 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors 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 2.00%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HON shares. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Mizuho boosted their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Royal Bank of Canada boosted their target price on shares of Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 30th. Wells Fargo & Company boosted their target price on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Finally, Citigroup boosted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $248.14.

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.