Stratos Wealth Partners LTD. Sells 1,258 Shares of Honeywell International Inc. (NASDAQ:HON)

Stratos Wealth Partners LTD. decreased its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,856 shares of the conglomerate's stock after selling 1,258 shares during the period. Stratos Wealth Partners LTD.'s holdings in Honeywell International were worth $6,957,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Honeywell International by 0.6% in the 4th 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 in the last quarter. Geode Capital Management LLC raised its holdings in Honeywell International by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock worth $3,379,568,000 after acquiring an additional 627,422 shares during the period. Capital World Investors bought a new position in Honeywell International in the 4th quarter worth $1,594,216,000. Capital Research Global Investors raised its holdings in Honeywell International by 5.5% in the 4th quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate's stock worth $1,500,141,000 after acquiring an additional 346,190 shares during the period. Finally, Northern Trust Corp increased its holdings 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 purchasing an additional 337,199 shares during the period. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.4%

Shares of HON stock traded down $0.84 during trading hours on Friday, hitting $235.93. 2,417,149 shares of the company were exchanged, compared to its average volume of 3,863,234. The business has a 50 day moving average of $225.84 and a two-hundred day moving average of $216.34. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a market capitalization of $151.63 billion, a PE ratio of 27.12, a PEG 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 for the quarter, topping the consensus estimate of $2.21 by $0.30. The company 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%. Honeywell International's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.25 EPS. Analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

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 $1.13 dividend. 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 currently 51.95%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HON. Royal Bank Of Canada reiterated a "sector perform" rating and set a $226.00 target price on shares of Honeywell International in a research report on Wednesday, June 25th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Wells Fargo & Company increased 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. JPMorgan Chase & Co. increased their target price on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Finally, Mizuho increased 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. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $250.79.

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.