AA Financial Advisors LLC Has $848,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

AA Financial Advisors LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% in the first quarter, Holdings Channel reports. The firm owned 4,005 shares of the conglomerate’s stock after purchasing an additional 63 shares during the period. AA Financial Advisors LLC’s holdings in Honeywell International were worth $848,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Inscription Capital LLC acquired a new position in shares of Honeywell International in the first quarter valued at approximately $1,488,000. Blackston Financial Advisory Group LLC lifted its position in Honeywell International by 22.4% in the 1st quarter. Blackston Financial Advisory Group LLC now owns 1,872 shares of the conglomerate’s stock valued at $397,000 after acquiring an additional 342 shares in the last quarter. Stephens Consulting LLC boosted its stake in Honeywell International by 124.9% in the 1st quarter. Stephens Consulting LLC now owns 668 shares of the conglomerate’s stock worth $141,000 after purchasing an additional 371 shares during the period. Grove Bank & Trust increased its holdings in Honeywell International by 16.1% during the 1st quarter. Grove Bank & Trust now owns 4,537 shares of the conglomerate’s stock worth $961,000 after purchasing an additional 628 shares in the last quarter. Finally, Stockman Wealth Management Inc. raised its stake in shares of Honeywell International by 6.5% in the 1st quarter. Stockman Wealth Management Inc. now owns 50,042 shares of the conglomerate’s stock valued at $10,596,000 after purchasing an additional 3,060 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HON shares. Mizuho increased 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. Royal Bank of Canada upped 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. Bank of America upgraded shares of 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. Barclays decreased their target price 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, Wall Street Zen raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.14.

Honeywell International Stock Down 0.1%

Shares of HON stock opened at $224.09 on Tuesday. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock has a market cap of $144.02 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 2.51 and a beta of 1.08. The firm’s 50-day moving average is $214.18 and its 200-day moving average is $215.88.

Honeywell International (NASDAQ:HON) last released 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 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same quarter in the prior year, the company earned $2.25 earnings per share. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

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. This represents a $4.52 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International’s payout ratio is presently 51.95%.

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.