1,060 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Sovran Advisors LLC

Sovran Advisors LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 1,060 shares of the conglomerate's stock, valued at approximately $208,000.

A number of other large investors also recently made changes to their positions in the business. Mainstream Capital Management LLC acquired a new position in Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co grew its stake in shares of Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after buying an additional 75 shares during the period. Mpwm Advisory Solutions LLC purchased a new stake in shares of Honeywell International during the 4th quarter valued at $29,000. Accredited Wealth Management LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth $34,000. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International in the 4th quarter worth $35,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on HON shares. JPMorgan Chase & Co. boosted their price target on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Barclays boosted their target price on Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a report on Wednesday, June 18th. Citigroup raised their price target on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Wells Fargo & Company lifted their price target on shares of Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday. Finally, 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. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $250.29.

Honeywell International Stock Up 0.2%

HON traded up $0.49 during trading hours on Wednesday, reaching $239.26. 4,102,571 shares of the stock traded hands, compared to its average volume of 3,832,073. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a market cap of $153.77 billion, a price-to-earnings ratio of 27.50, a PEG ratio of 2.71 and a beta of 1.07. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The firm's fifty day simple moving average is $220.52 and its two-hundred day simple moving average is $215.82.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data 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 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 firm's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.25 EPS. As a group, analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued 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 yield of 1.89%. Honeywell International's dividend payout ratio is presently 51.95%.

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.