Vanguard Capital Wealth Advisors Purchases 75 Shares of Honeywell International Inc. (NASDAQ:HON)

Vanguard Capital Wealth Advisors increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,467 shares of the conglomerate’s stock after purchasing an additional 75 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Honeywell International were worth $331,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Valmark Advisers Inc. raised its position in shares of Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate’s stock worth $1,048,000 after acquiring an additional 45 shares in the last quarter. ZWJ Investment Counsel Inc. grew its stake in Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after purchasing an additional 47 shares during the last quarter. Saxony Capital Management LLC raised its holdings in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock worth $277,000 after purchasing an additional 47 shares in the last quarter. Magnus Financial Group LLC lifted its position in shares of Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after buying an additional 48 shares during the last quarter. Finally, Bill Few Associates Inc. boosted its holdings in shares of Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock valued at $3,524,000 after buying an additional 49 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $224.94 on Tuesday. The firm has a 50-day simple moving average of $206.48 and a 200-day simple moving average of $215.94. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $144.57 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts’ consensus estimates 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 14.82% and a return on equity of 35.78%. Honeywell International’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.25 EPS. On average, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.01%. The ex-dividend date is Friday, May 16th. Honeywell International’s payout ratio is currently 51.95%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price objective for the company in a research note on Wednesday, May 7th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. JPMorgan Chase & Co. raised their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research report on Friday. Barclays decreased their price objective on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating for the company in a research report on Wednesday, April 30th. Finally, Wells Fargo & Company raised their target price on Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and a consensus price target of $245.23.

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.