Honeywell International Inc. (NASDAQ:HON) Shares Bought by Foster Group Inc.

Foster Group Inc. raised its position in Honeywell International Inc. (NASDAQ:HON) by 15.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,745 shares of the conglomerate’s stock after acquiring an additional 231 shares during the quarter. Foster Group Inc.’s holdings in Honeywell International were worth $369,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Mainstream Capital Management LLC acquired a new position in Honeywell International during the 4th quarter worth $25,000. Avalon Trust Co grew its position in shares of Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC acquired a new position in shares of Honeywell International during the fourth quarter worth about $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $34,000. Finally, Curio Wealth LLC acquired a new position in Honeywell International during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

HON stock opened at $228.78 on Friday. The company has a market capitalization of $147.03 billion, a P/E ratio of 26.27, a PEG ratio of 2.51 and a beta of 1.08. The business has a 50 day simple moving average of $210.44 and a 200-day simple moving average of $216.22. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. During the same quarter in the prior year, the business earned $2.25 EPS. Honeywell International’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 1.98%. Honeywell International’s payout ratio is 51.95%.

Analyst Ratings Changes

Several research firms have commented on HON. Royal Bank of Canada boosted their price target on shares of Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 30th. Barclays lowered their target price on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Mizuho upped their price objective on Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. Citigroup upped their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Wells Fargo & Company upped their price target on Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $248.14.

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.