Vickerman Investment Advisors Inc. Buys 2,334 Shares of Honeywell International Inc. (NASDAQ:HON)

Vickerman Investment Advisors Inc. raised its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 15.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 17,649 shares of the conglomerate's stock after acquiring an additional 2,334 shares during the period. Vickerman Investment Advisors Inc.'s holdings in Honeywell International were worth $3,737,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avalon Trust Co lifted its stake in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after purchasing an additional 75 shares during the period. Mpwm Advisory Solutions LLC bought a new position in Honeywell International in the fourth quarter worth approximately $29,000. Accredited Wealth Management LLC bought a new position in Honeywell International in the fourth quarter worth approximately $34,000. Curio Wealth LLC bought a new position in Honeywell International in the fourth quarter worth approximately $35,000. Finally, Alexis Investment Partners LLC bought a new position in Honeywell International in the fourth quarter worth approximately $37,000. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of HON stock traded down $1.05 during trading hours on Monday, hitting $239.35. The stock had a trading volume of 2,709,913 shares, compared to its average volume of 3,848,454. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The stock's 50-day moving average price is $222.98 and its two-hundred day moving average price is $215.91. The stock has a market capitalization of $153.83 billion, a price-to-earnings ratio of 27.51, a PEG ratio of 2.75 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results 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. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The company had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the previous year, the business posted $2.25 earnings per share. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. Equities analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a $1.13 dividend. The ex-dividend date was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.89%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of recent research reports. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Wednesday, May 7th. Citigroup raised their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Barclays raised their target price on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. Royal Bank Of Canada restated a "sector perform" rating and set a $226.00 target price on shares of Honeywell International in a research note on Wednesday, June 25th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. 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. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $250.29.

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.