Honeywell International Inc. (NASDAQ:HON) Shares Purchased by NorthRock Partners LLC

NorthRock Partners LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 133.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,797 shares of the conglomerate's stock after purchasing an additional 5,606 shares during the quarter. NorthRock Partners LLC's holdings in Honeywell International were worth $2,213,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HON. Baldwin Wealth Partners LLC MA boosted its stake in shares of Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate's stock worth $15,203,000 after acquiring an additional 2,611 shares during the last quarter. World Investment Advisors boosted its stake in shares of Honeywell International by 137.7% in the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after acquiring an additional 12,969 shares during the last quarter. Coordinated Financial Services Inc. acquired a new stake in shares of Honeywell International in the fourth quarter worth approximately $361,000. Costello Asset Management INC acquired a new stake in shares of Honeywell International in the fourth quarter worth approximately $3,092,000. Finally, Schroder Investment Management Group boosted its stake in shares of Honeywell International by 12.7% in the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock worth $20,235,000 after acquiring an additional 10,092 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Trading Up 0.3%

NASDAQ:HON traded up $0.59 on Friday, reaching $222.88. The company's stock had a trading volume of 2,895,038 shares, compared to its average volume of 3,764,659. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a 50 day moving average price of $206.11 and a 200 day moving average price of $215.68. The firm has a market cap of $143.24 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth 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 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 business had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same period in the previous year, the firm posted $2.25 earnings per share. The company's revenue was up 7.9% on a year-over-year basis. On average, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed 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 2.03%. Honeywell International's payout ratio is presently 51.95%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HON. Royal Bank of Canada lifted their price objective on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research report on Wednesday, April 30th. Wells Fargo & Company lifted their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Barclays reduced their price objective on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. Finally, Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a research report on Wednesday, May 7th. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average target price of $245.23.

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.