Guyasuta Investment Advisors Inc. Has $2.27 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

by · The Cerbat Gem

Guyasuta Investment Advisors Inc. lifted its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 10.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,720 shares of the conglomerate’s stock after acquiring an additional 1,020 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Honeywell International were worth $2,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Claris Advisors LLC MO increased its position in Honeywell International by 4.8% during the fourth quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate’s stock worth $241,000 after buying an additional 49 shares during the last quarter. Avantax Planning Partners Inc. increased its position in Honeywell International by 1.4% during the fourth quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate’s stock worth $777,000 after buying an additional 49 shares during the last quarter. Zions Bancorporation N.A. increased its position in Honeywell International by 7.4% during the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate’s stock worth $164,000 after buying an additional 50 shares during the last quarter. Cetera Trust Company N.A increased its position in Honeywell International by 0.5% during the first quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate’s stock worth $2,218,000 after buying an additional 50 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC increased its position in Honeywell International by 0.3% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 19,536 shares of the conglomerate’s stock worth $4,413,000 after buying an additional 52 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Down 0.0%

NASDAQ HON opened at $221.80 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The firm has a 50-day simple moving average of $216.12 and a 200 day simple moving average of $215.77. 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 $142.55 billion, a PE ratio of 25.49, a PEG ratio of 2.59 and a beta of 1.08.

Honeywell International (NASDAQ:HON – Get Free Report) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. During the same quarter last year, the company earned $2.25 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. On average, research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.04%. The ex-dividend date was Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is presently 51.95%.

Analyst Ratings Changes

HON has been the topic of several analyst reports. Mizuho increased their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, May 7th. Royal Bank Of Canada upped their price target on shares of Honeywell International from $211.00 to $226.00 and gave the company a “sector perform” rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. upped their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a report on Friday, May 16th. Finally, Wells Fargo & Company upped their price target on shares of Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Honeywell International presently has an average rating of “Moderate Buy” and a consensus target price of $249.21.

View Our Latest Stock Analysis on HON

About Honeywell International

(Free Report)

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.

Read More

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HON – Free Report).