Pathstone Holdings LLC Has $19.43 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Pathstone Holdings LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 86,008 shares of the conglomerate's stock after buying an additional 1,737 shares during the quarter. Pathstone Holdings LLC's holdings in Honeywell International were worth $19,425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Mainstream Capital Management LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $25,000. Avalon Trust Co grew its holdings in shares of Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $30,000. Accredited Wealth Management LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $34,000. Finally, Curio Wealth LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Analysts Set New Price Targets

HON has been the topic of several recent research reports. Citigroup decreased their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a report on Monday, April 14th. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday. Wells Fargo & Company raised their target price 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. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and raised their target price 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 target price for the company in a research report on Wednesday, May 7th. Eight equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and a consensus target price of $245.23.

Honeywell International Price Performance

HON traded up $0.59 during trading on Friday, hitting $222.88. The company's stock had a trading volume of 2,895,038 shares, compared to its average volume of 3,770,673. The firm's 50 day moving average price is $206.11 and its two-hundred day moving average price is $215.76. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock has a market capitalization 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 (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter in the previous year, the company posted $2.25 EPS. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company 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. The ex-dividend date 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 currently 51.95%.

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.