Honeywell International Inc. (NASDAQ:HON) Shares Bought by UMB Bank n.a.

UMB Bank n.a. raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,967 shares of the conglomerate’s stock after purchasing an additional 4,619 shares during the quarter. UMB Bank n.a.’s holdings in Honeywell International were worth $23,709,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Perennial Advisors LLC lifted its holdings in shares of Honeywell International by 2.2% during the first quarter. Perennial Advisors LLC now owns 42,896 shares of the conglomerate’s stock worth $9,083,000 after purchasing an additional 921 shares during the period. Sivia Capital Partners LLC raised its position in Honeywell International by 4.6% during the 1st quarter. Sivia Capital Partners LLC now owns 1,521 shares of the conglomerate’s stock worth $322,000 after buying an additional 67 shares during the last quarter. Persium Advisors LLC lifted its stake in Honeywell International by 3.7% during the 1st quarter. Persium Advisors LLC now owns 3,007 shares of the conglomerate’s stock valued at $637,000 after acquiring an additional 106 shares during the period. Successful Portfolios LLC boosted its holdings in shares of Honeywell International by 1.3% in the 1st quarter. Successful Portfolios LLC now owns 7,970 shares of the conglomerate’s stock valued at $1,688,000 after acquiring an additional 100 shares during the last quarter. Finally, Stokes Capital Advisors LLC increased its stake in shares of Honeywell International by 1.0% in the first quarter. Stokes Capital Advisors LLC now owns 37,163 shares of the conglomerate’s stock worth $7,869,000 after acquiring an additional 383 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.9%

Shares of NASDAQ HON opened at $228.78 on Friday. The firm has a market cap of $147.03 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company’s 50-day simple moving average is $210.44 and its 200-day simple moving average is $216.15. 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 Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The company had revenue of $9.82 billion for the quarter, compared to analysts’ expectations of $9.59 billion. During the same period in the previous year, the firm posted $2.25 EPS. Honeywell International’s revenue was up 7.9% compared to the same quarter last year. Equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have commented on HON. Mizuho upped their price target on shares of Honeywell International from $235.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Royal Bank of Canada upped their target price on Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 30th. Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. Morgan Stanley boosted their price target on Honeywell International from $210.00 to $217.00 and gave the company an “equal weight” rating in a report on Tuesday, February 11th. Finally, Citigroup raised their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $248.14.

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.