Pandora Wealth Inc. Buys Shares of 154 Honeywell International Inc. (NASDAQ:HON)

Pandora Wealth Inc. purchased a new stake in Honeywell International Inc. (NASDAQ:HON) during the first quarter, Holdings Channel.com reports. The firm purchased 154 shares of the conglomerate’s stock, valued at approximately $33,000.

Other large investors have also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC purchased a new stake in shares of Honeywell International during the 4th quarter valued at $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International during the 4th quarter valued at about $34,000. Alexis Investment Partners LLC purchased a new stake in Honeywell International in the fourth quarter valued at about $37,000. Banque de Luxembourg S.A. acquired a new stake in Honeywell International in the fourth quarter worth about $38,000. Finally, Garde Capital Inc. acquired a new stake in Honeywell International in the first quarter worth about $42,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Down 0.1%

Shares of HON stock opened at $216.33 on Friday. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The stock has a market cap of $137.35 billion, a P/E ratio of 24.61, a P/E/G ratio of 2.44 and a beta of 1.08. The stock has a 50 day moving average of $228.66 and a 200 day moving average of $216.91. The company has a current ratio of 1.29, a quick ratio of 0.97 and a debt-to-equity ratio of 1.81.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.09. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The business had revenue of $10.35 billion for the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter last year, the company earned $2.49 EPS. The business’s revenue was up 8.1% on a year-over-year basis. As a group, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, August 15th. Honeywell International’s dividend payout ratio is presently 51.42%.

Wall Street Analyst Weigh In

Several brokerages recently commented on HON. Morgan Stanley increased their price objective on shares of Honeywell International from $225.00 to $245.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Barclays raised their price target on shares of Honeywell International from $258.00 to $265.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $240.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, July 25th. Wall Street Zen upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. Finally, Citigroup lifted their price target on Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Eight research 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 company. According to data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $254.00.

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.