Waverly Advisors LLC Acquires 3,825 Shares of Honeywell International Inc. (NASDAQ:HON)

Waverly Advisors LLC lifted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 26.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,028 shares of the conglomerate's stock after buying an additional 3,825 shares during the period. Waverly Advisors LLC's holdings in Honeywell International were worth $4,072,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HON. Valmark Advisers Inc. raised its position in shares of Honeywell International by 1.0% in the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock valued at $1,048,000 after buying an additional 45 shares during the last quarter. ZWJ Investment Counsel Inc. grew its holdings in shares of Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock valued at $327,000 after purchasing an additional 47 shares in the last quarter. Saxony Capital Management LLC grew its holdings in shares of Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock valued at $277,000 after purchasing an additional 47 shares in the last quarter. Magnus Financial Group LLC grew its holdings in Honeywell International by 0.5% during the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock worth $2,019,000 after acquiring an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. grew its holdings in Honeywell International by 0.3% during the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after acquiring an additional 49 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

Shares of Honeywell International stock traded down $1.60 during midday trading on Friday, hitting $222.03. The company had a trading volume of 2,537,210 shares, compared to its average volume of 3,791,042. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year 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 business's 50 day simple moving average is $207.60 and its two-hundred day simple moving average is $216.25. The stock has a market cap of $142.69 billion, a PE ratio of 25.49, a P/E/G ratio of 2.51 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating 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 company had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same period last year, the business earned $2.25 earnings per share. The business's revenue was up 7.9% on a year-over-year basis. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.04%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Mizuho boosted their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price objective for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Wells Fargo & Company upped their price target on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research note on Wednesday, April 30th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Finally, Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a research note on Wednesday, May 7th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $245.57.

About Honeywell International

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.