U.S. Capital Wealth Advisors LLC Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 9.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,288 shares of the conglomerate's stock after purchasing an additional 2,048 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Honeywell International were worth $4,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after acquiring an additional 1,582 shares in the last quarter. Proficio Capital Partners LLC grew its position in shares of Honeywell International by 40.8% in the 4th quarter. Proficio Capital Partners LLC now owns 2,635 shares of the conglomerate's stock worth $595,000 after acquiring an additional 764 shares in the last quarter. Candriam S.C.A. grew its position in shares of Honeywell International by 88.3% in the 4th quarter. Candriam S.C.A. now owns 9,144 shares of the conglomerate's stock worth $2,066,000 after acquiring an additional 4,288 shares in the last quarter. Edgestream Partners L.P. boosted its position in Honeywell International by 27.1% during the 4th quarter. Edgestream Partners L.P. now owns 3,386 shares of the conglomerate's stock valued at $765,000 after purchasing an additional 721 shares during the period. Finally, Amundi boosted its position in Honeywell International by 10.9% during the 4th quarter. Amundi now owns 399,176 shares of the conglomerate's stock valued at $87,887,000 after purchasing an additional 39,298 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HON shares. Royal Bank Of Canada restated a "sector perform" rating and set a $226.00 price objective on shares of Honeywell International in a research report on Wednesday, June 25th. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Citigroup boosted their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Wells Fargo & Company boosted their price objective on Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 1st. Finally, Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Eight equities research 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's stock. According to MarketBeat.com, Honeywell International currently has an average rating of "Moderate Buy" and a consensus price target of $250.29.

Honeywell International Trading Down 0.4%

Shares of Honeywell International stock opened at $239.35 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43. The firm has a market cap of $153.83 billion, a price-to-earnings ratio of 27.51, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07. The business has a fifty day simple moving average of $223.75 and a 200-day simple moving average of $215.99. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.30. The business had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The company's revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.25 earnings per share. On average, equities analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) 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.

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