State of Wyoming Buys 3,356 Shares of Honeywell International Inc. (NASDAQ:HON)

State of Wyoming raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 190.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,116 shares of the conglomerate’s stock after purchasing an additional 3,356 shares during the quarter. State of Wyoming’s holdings in Honeywell International were worth $1,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Honeywell International Stock Up 0.3%

Shares of HON stock opened at $222.88 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. 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 $143.24 billion, a P/E ratio of 25.59, a P/E/G ratio of 2.51 and a beta of 1.07. The company has a 50 day simple moving average of $206.11 and a two-hundred day simple moving average of $215.76.

Honeywell International (NASDAQ:HON) last announced its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $2.25 EPS. On average, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be paid a $1.13 dividend. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.03%. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Analysts Set New Price Targets

Several research firms have weighed in on HON. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday. Morgan Stanley upped their price target on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 11th. Citigroup cut their target price on Honeywell International from $253.00 to $229.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Royal Bank of Canada lifted their price target on Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a research report 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 price objective for the company in a research note on Wednesday, May 7th. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.23.

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.