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Allspring Global Investments Holdings LLC grew its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 0.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 145,895 shares of the conglomerate’s stock after buying an additional 751 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Honeywell International were worth $30,273,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in HON. HBK Investments L P bought a new position in shares of Honeywell International in the 1st quarter worth $272,000. Creative Financial Designs Inc. ADV boosted its position in shares of Honeywell International by 4.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,356 shares of the conglomerate’s stock worth $1,788,000 after purchasing an additional 356 shares during the last quarter. Versor Investments LP bought a new position in shares of Honeywell International in the 1st quarter worth $535,000. Magnus Financial Group LLC boosted its position in shares of Honeywell International by 2.8% in the 2nd quarter. Magnus Financial Group LLC now owns 7,532 shares of the conglomerate’s stock worth $1,563,000 after purchasing an additional 202 shares during the last quarter. Finally, MV Capital Management Inc. boosted its position in shares of Honeywell International by 16.4% in the 1st quarter. MV Capital Management Inc. now owns 531 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 75 shares during the last quarter. 74.61% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $177.00 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 1.07. The stock’s 50-day moving average is $186.22 and its 200-day moving average is $193.75. The firm has a market cap of $117.52 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.28 and a beta of 1.06. Honeywell International Inc. has a one year low of $174.88 and a one year high of $220.96.

Honeywell International (NASDAQ:HON – Get Free Report) last released its earnings results on Thursday, October 26th. The conglomerate reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.04. The business had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $9.23 billion. Honeywell International had a return on equity of 34.63% and a net margin of 14.87%. Honeywell International’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. Equities analysts predict that Honeywell International Inc. will post 9.14 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be given a $1.08 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.44%. This is an increase from Honeywell International’s previous quarterly dividend of $1.03. Honeywell International’s payout ratio is currently 51.05%.

Analyst Ratings Changes

HON has been the topic of several recent research reports. Morgan Stanley raised their price target on Honeywell International from $219.00 to $221.00 in a research report on Friday, July 28th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group reduced their target price on Honeywell International from $185.00 to $180.00 and set a “sell” rating on the stock in a report on Friday, July 28th. Finally, Wells Fargo & Company reduced their target price on Honeywell International from $205.00 to $190.00 in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $214.07.

Read Our Latest Stock Report on HON

Honeywell International Company Profile

(Free Report)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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 and management services.

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Hudson Valley Investment Advisors Inc. ADV lowered its position in shares of Honeywell International Inc. (NASDAQ:HON – Get Rating) by 6.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,571 shares of the conglomerate’s stock after selling 1,174 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Honeywell International were worth $3,167,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. New England Research & Management Inc. raised its position in Honeywell International by 25.1% in the 1st quarter. New England Research & Management Inc. now owns 16,469 shares of the conglomerate’s stock worth $3,148,000 after purchasing an additional 3,300 shares during the period. Empowered Funds LLC increased its position in shares of Honeywell International by 54.3% in the first quarter. Empowered Funds LLC now owns 3,399 shares of the conglomerate’s stock valued at $650,000 after acquiring an additional 1,196 shares during the period. Martin Capital Partners LLC raised its stake in shares of Honeywell International by 1.9% during the first quarter. Martin Capital Partners LLC now owns 23,793 shares of the conglomerate’s stock valued at $4,547,000 after acquiring an additional 453 shares during the last quarter. Empirical Finance LLC boosted its holdings in shares of Honeywell International by 5.1% during the first quarter. Empirical Finance LLC now owns 19,143 shares of the conglomerate’s stock worth $3,659,000 after purchasing an additional 932 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Honeywell International by 19.9% during the 1st quarter. Howard Financial Services LTD. now owns 1,486 shares of the conglomerate’s stock valued at $284,000 after purchasing an additional 247 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Honeywell International

In other news, COO Vimal Kapur sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $197.46, for a total transaction of $1,283,490.00. Following the completion of the transaction, the chief operating officer now directly owns 8,622 shares of the company’s stock, valued at $1,702,500.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

Honeywell International Trading Down 0.4 %

NASDAQ:HON opened at $202.97 on Friday. Honeywell International Inc. has a 52 week low of $166.63 and a 52 week high of $220.96. The stock has a market cap of $135.11 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 2.43 and a beta of 1.09. The company’s 50 day moving average price is $196.64 and its 200-day moving average price is $196.50. The company has a quick ratio of 0.94, a current ratio of 1.26 and a debt-to-equity ratio of 0.84.

Honeywell International (NASDAQ:HON – Get Rating) last issued its earnings results on Thursday, April 27th. The conglomerate reported $2.07 EPS for the quarter, beating the consensus estimate of $1.93 by $0.14. Honeywell International had a return on equity of 34.01% and a net margin of 14.53%. The business had revenue of $8.86 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same period last year, the business posted $1.91 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 9.15 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 2nd. Shareholders of record on Friday, May 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Thursday, May 11th. Honeywell International’s dividend payout ratio is currently 53.51%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HON shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Honeywell International from $235.00 to $228.00 and set a “buy” rating for the company in a report on Wednesday, April 12th. StockNews.com started coverage on Honeywell International in a research report on Thursday, May 18th. They set a “buy” rating on the stock. UBS Group reduced their target price on Honeywell International from $193.00 to $185.00 and set a “sell” rating on the stock in a report on Tuesday, February 28th. Wells Fargo & Company lowered their target price on Honeywell International from $210.00 to $205.00 and set an “equal weight” rating for the company in a research note on Thursday, April 13th. Finally, Citigroup upped their price target on Honeywell International from $240.00 to $242.00 in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $214.56.

Honeywell International Profile

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Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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 and management services.

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Harvest Fund Management Co. Ltd raised its stake in shares of Honeywell International Inc. (NASDAQ:HON – Get Rating) by 68.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,002 shares of the conglomerate’s stock after purchasing an additional 812 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Honeywell International were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Bellwether Advisors LLC increased its position in Honeywell International by 14.3% during the 3rd quarter. Bellwether Advisors LLC now owns 383 shares of the conglomerate’s stock worth $63,000 after purchasing an additional 48 shares in the last quarter. Key Financial Inc boosted its holdings in shares of Honeywell International by 3.8% during the 3rd quarter. Key Financial Inc now owns 1,340 shares of the conglomerate’s stock valued at $224,000 after acquiring an additional 49 shares in the last quarter. S&CO Inc. increased its holdings in Honeywell International by 3.4% in the 3rd quarter. S&CO Inc. now owns 1,522 shares of the conglomerate’s stock worth $254,000 after purchasing an additional 50 shares in the last quarter. Vantage Financial Partners Ltd. Inc. raised its position in Honeywell International by 0.8% in the third quarter. Vantage Financial Partners Ltd. Inc. now owns 6,125 shares of the conglomerate’s stock valued at $1,023,000 after purchasing an additional 50 shares during the last quarter. Finally, Lcnb Corp boosted its stake in shares of Honeywell International by 1.0% during the third quarter. Lcnb Corp now owns 5,052 shares of the conglomerate’s stock valued at $844,000 after purchasing an additional 50 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HON has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, February 3rd. Morgan Stanley lifted their price target on shares of Honeywell International from $209.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday, February 3rd. HSBC increased their price objective on Honeywell International from $190.00 to $205.00 and gave the company a “hold” rating in a report on Tuesday, February 14th. Deutsche Bank Aktiengesellschaft cut their target price on Honeywell International from $235.00 to $228.00 and set a “buy” rating on the stock in a report on Wednesday, April 12th. Finally, Royal Bank of Canada raised their target price on Honeywell International from $204.00 to $208.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $214.44.

Honeywell International Stock Up 0.4 %

Honeywell International stock opened at $196.78 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market cap of $131.00 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. Honeywell International Inc. has a fifty-two week low of $166.63 and a fifty-two week high of $220.96. The firm’s 50-day simple moving average is $191.10 and its 200 day simple moving average is $201.86.

Honeywell International (NASDAQ:HON – Get Rating) last issued its quarterly earnings results on Thursday, February 2nd. The conglomerate reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.01. The company had revenue of $9.19 billion during the quarter, compared to the consensus estimate of $9.26 billion. Honeywell International had a return on equity of 32.89% and a net margin of 14.00%. Honeywell International’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $2.09 earnings per share. Research analysts predict that Honeywell International Inc. will post 9.03 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Friday, May 12th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.09%. Honeywell International’s dividend payout ratio (DPR) is currently 56.67%.

Honeywell International Profile

(Get Rating)

Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation.

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