Strategic Wealth Partners Ltd. Purchases 10,038 Shares of Honeywell International Inc. (NASDAQ:HON)

Strategic Wealth Partners Ltd. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 33.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,794 shares of the conglomerate's stock after buying an additional 10,038 shares during the period. Strategic Wealth Partners Ltd.'s holdings in Honeywell International were worth $8,989,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its stake in Honeywell International by 2.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 19,358 shares of the conglomerate's stock valued at $4,373,000 after purchasing an additional 466 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of Honeywell International by 50.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 8,759 shares of the conglomerate's stock worth $1,978,000 after acquiring an additional 2,930 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Honeywell International by 10.7% during the 4th quarter. Merit Financial Group LLC now owns 45,096 shares of the conglomerate's stock worth $10,187,000 after acquiring an additional 4,355 shares in the last quarter. Sax Wealth Advisors LLC boosted its stake in shares of Honeywell International by 74.7% during the 4th quarter. Sax Wealth Advisors LLC now owns 2,556 shares of the conglomerate's stock worth $577,000 after acquiring an additional 1,093 shares in the last quarter. Finally, Albert D Mason Inc. boosted its stake in shares of Honeywell International by 0.7% during the 4th quarter. Albert D Mason Inc. now owns 7,967 shares of the conglomerate's stock worth $1,800,000 after acquiring an additional 55 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HON. JPMorgan Chase & Co. upped their price target on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and upped their price target for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Wells Fargo & Company upped their price target on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Royal Bank of Canada upped their price target on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. Finally, Citigroup decreased their price target on Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $245.57.

Honeywell International Price Performance

Shares of HON traded down $3.19 during mid-day trading on Wednesday, reaching $221.87. The company had a trading volume of 3,610,497 shares, compared to its average volume of 3,782,554. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01. The company's 50-day moving average is $206.85 and its 200-day moving average is $216.00. The company has a market capitalization of $142.59 billion, a P/E ratio of 25.47, a P/E/G ratio of 2.51 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results 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. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same period in the prior year, the firm posted $2.25 EPS. Honeywell International's quarterly revenue was up 7.9% compared to the same quarter last year. On average, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.04%. Honeywell International's dividend payout ratio is 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.