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

Clarus Group Inc. raised its position in Honeywell International Inc. (NASDAQ:HON) by 7.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,082 shares of the conglomerate’s stock after purchasing an additional 141 shares during the quarter. Clarus Group Inc.’s holdings in Honeywell International were worth $441,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HON. Mainstream Capital Management LLC acquired a new position in shares of Honeywell International in the 4th quarter worth approximately $25,000. Avalon Trust Co lifted its holdings in Honeywell International by 166.7% during the 4th 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 stake in Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC acquired a new stake in Honeywell International during the 4th quarter worth approximately $34,000. Finally, Curio Wealth LLC acquired a new stake in Honeywell International during the 4th quarter worth approximately $35,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Up 1.1%

NASDAQ HON opened at $228.85 on Friday. The company’s fifty day simple moving average is $218.94 and its 200-day simple moving average is $215.80. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The stock has a market cap of $147.08 billion, a P/E ratio of 26.30, a PEG ratio of 2.64 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share 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 the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The company’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.25 EPS. Equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have commented on HON shares. Citigroup increased their price objective 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. Wall Street Zen upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. JPMorgan Chase & Co. increased their price target on shares of Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Wells Fargo & Company raised their target price on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 30th. Finally, 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 note on Wednesday, May 7th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of “Moderate Buy” and a consensus target price of $249.21.

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.