931 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Safeguard Investment Advisory Group LLC

Safeguard Investment Advisory Group LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 931 shares of the conglomerate’s stock, valued at approximately $210,000.

A number of other institutional investors also recently bought and sold shares of the business. Mainstream Capital Management LLC acquired a new position in Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co boosted its stake in shares of Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 75 shares during the period. Hoese & Co LLP bought a new position in Honeywell International during the 4th quarter valued at $30,000. Accredited Wealth Management LLC bought a new position in Honeywell International during the 4th quarter valued at $34,000. Finally, Curio Wealth LLC acquired a new stake in shares of Honeywell International during the fourth quarter worth $35,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Morgan Stanley increased their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 11th. Wells Fargo & Company raised their price target on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 30th. Barclays cut their price objective on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 30th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Royal Bank of Canada lifted their price target on shares of Honeywell International from $211.00 to $226.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $245.23.

Honeywell International Trading Up 0.3%

NASDAQ HON opened at $222.88 on Friday. The stock’s 50 day moving average is $206.11 and its 200 day moving average is $215.68. The firm has a market capitalization of $143.24 billion, a PE ratio of 25.59, a P/E/G ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month 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.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Honeywell International’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.25 earnings per share. Research 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 declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.03%. Honeywell International’s dividend payout ratio is currently 51.95%.

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.