Scientech Research LLC Has $1.90 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Scientech Research LLC grew its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 639.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,397 shares of the conglomerate's stock after purchasing an additional 7,262 shares during the period. Honeywell International comprises approximately 0.5% of Scientech Research LLC's holdings, making the stock its 9th biggest holding. Scientech Research LLC's holdings in Honeywell International were worth $1,897,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HON. Assenagon Asset Management S.A. increased its holdings in shares of Honeywell International by 2.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 19,358 shares of the conglomerate's stock worth $4,373,000 after buying an additional 466 shares in the last quarter. Park Avenue Securities LLC lifted its position in Honeywell International by 107.6% during the 4th quarter. Park Avenue Securities LLC now owns 19,961 shares of the conglomerate's stock worth $4,509,000 after buying an additional 10,347 shares in the last quarter. SignalPoint Asset Management LLC acquired a new position in Honeywell International during the 4th quarter worth about $210,000. Carnegie Investment Counsel lifted its position in Honeywell International by 8.7% during the 4th quarter. Carnegie Investment Counsel now owns 42,656 shares of the conglomerate's stock worth $9,636,000 after buying an additional 3,428 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in Honeywell International by 1.4% during the 4th quarter. Ritholtz Wealth Management now owns 25,892 shares of the conglomerate's stock worth $5,849,000 after buying an additional 364 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HON. Citigroup reduced their price target on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target on the stock in a research report on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and upped their price target for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. StockNews.com upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Finally, Morgan Stanley upped their target price on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 11th. Eight equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $245.23.

Honeywell International Stock Up 0.1%

Shares of NASDAQ:HON traded up $0.12 during midday trading on Tuesday, reaching $225.06. 3,333,518 shares of the company were exchanged, compared to its average volume of 3,774,553. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week 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 fifty day simple moving average of $206.48 and a two-hundred day simple moving average of $215.94. The firm has a market cap of $144.64 billion, a PE ratio of 25.84, 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 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the business posted $2.25 earnings per share. As a group, sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm 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 dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.01%. Honeywell International's dividend payout ratio is currently 51.95%.

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.