3,293 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Thoma Capital Management LLC

Thoma Capital Management LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,293 shares of the conglomerate's stock, valued at approximately $744,000. Honeywell International makes up 0.5% of Thoma Capital Management LLC's holdings, making the stock its 28th largest holding.

Several other institutional investors also recently modified their holdings of the stock. Mainstream Capital Management LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $25,000. Avalon Trust Co grew its stake in shares of Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after purchasing an additional 75 shares during the last quarter. Mpwm Advisory Solutions LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $29,000. Accredited Wealth Management LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $34,000. Finally, Curio Wealth LLC bought a new stake in shares of Honeywell International in the fourth quarter worth $35,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HON. Deutsche Bank Aktiengesellschaft raised shares of Honeywell International from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 11th. Barclays cut their price target on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target on the stock in a research report on Wednesday, May 7th. Finally, Citigroup cut their price target on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $245.57.

Honeywell International Stock Down 0.2%

Shares of HON traded down $0.34 on Friday, reaching $224.85. The company's stock had a trading volume of 8,299,549 shares, compared to its average volume of 3,831,092. 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 Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock has a market capitalization of $144.51 billion, a PE ratio of 25.82, a PEG ratio of 2.51 and a beta of 1.07. The firm has a fifty day moving average of $208.99 and a 200-day moving average of $216.20.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating the consensus estimate of $2.21 by $0.30. The firm had revenue of $9.82 billion during the quarter, compared to analyst estimates 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 for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $2.25 EPS. Equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Friday, May 16th. Honeywell International's dividend payout ratio is currently 51.95%.

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.