Texas Yale Capital Corp. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,297 shares of the conglomerate’s stock after acquiring an additional 50 shares during the period. Texas Yale Capital Corp.’s holdings in Honeywell International were worth $486,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in HON. Gateway Wealth Partners LLC grew its position in Honeywell International by 2.5% in the first quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate’s stock valued at $433,000 after purchasing an additional 49 shares in the last quarter. Cetera Trust Company N.A lifted its stake in shares of Honeywell International by 0.5% during the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate’s stock worth $2,218,000 after buying an additional 50 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC raised its stake in Honeywell International by 12.0% in the 1st quarter. Mowery & Schoenfeld Wealth Management LLC now owns 466 shares of the conglomerate’s stock worth $99,000 after purchasing an additional 50 shares in the last quarter. VSM Wealth Advisory LLC raised its stake in Honeywell International by 4.8% in the 1st quarter. VSM Wealth Advisory LLC now owns 1,100 shares of the conglomerate’s stock worth $233,000 after purchasing an additional 50 shares in the last quarter. Finally, Kennedy Investment Group raised its stake in Honeywell International by 1.7% in the 1st quarter. Kennedy Investment Group now owns 3,019 shares of the conglomerate’s stock worth $639,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.
Honeywell International Stock Down 0.1%
NASDAQ HON opened at $224.24 on Monday. The stock’s 50 day moving average is $229.41 and its 200 day moving average is $216.94. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock has a market cap of $144.11 billion, a PE ratio of 25.51, a P/E/G ratio of 2.52 and a beta of 1.07.
Honeywell International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.02%. Honeywell International’s payout ratio is 51.42%.
Analyst Upgrades and Downgrades
HON has been the subject of several analyst reports. Bank of America upgraded shares of 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. Royal Bank Of Canada reduced their target price on shares of Honeywell International from $254.00 to $253.00 and set a “sector perform” rating on the stock in a report on Friday. Mizuho boosted their price target on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. Wells Fargo & Company dropped their target price on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Citigroup boosted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $252.00.
Get Our Latest Analysis on Honeywell International
Honeywell International 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.
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