Omnia Family Wealth LLC Raises Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Omnia Family Wealth LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 26.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,289 shares of the conglomerate’s stock after buying an additional 271 shares during the quarter. Omnia Family Wealth LLC’s holdings in Honeywell International were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $25,000. Avalon Trust Co increased its holdings 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. Mpwm Advisory Solutions LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $29,000. Accredited Wealth Management LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $34,000. Finally, Curio Wealth LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 1.3%

Honeywell International stock opened at $221.79 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The firm has a market capitalization of $142.54 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 2.62 and a beta of 1.08. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The stock’s fifty day moving average is $217.70 and its two-hundred day moving average is $215.79.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the prior year, the business earned $2.25 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis. Analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.04%. Honeywell International’s dividend payout ratio is currently 51.95%.

Analyst Ratings Changes

A number of research firms have recently issued reports on HON. Royal Bank Of Canada reissued a “sector perform” rating and issued a $226.00 target price on shares of Honeywell International in a report on Wednesday. Mizuho upped their price objective on Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. Barclays upped their price objective on Honeywell International from $243.00 to $258.00 and gave the stock an “overweight” rating in a report on Wednesday, June 18th. Finally, Bank of America raised Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, May 7th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.