YHB Investment Advisors Inc. Has $2.21 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

by · The Cerbat Gem

YHB Investment Advisors Inc. trimmed its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 7.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,425 shares of the conglomerate’s stock after selling 866 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Honeywell International were worth $2,207,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Embree Financial Group lifted its stake in Honeywell International by 3.8% in the 1st quarter. Embree Financial Group now owns 2,805 shares of the conglomerate’s stock worth $594,000 after acquiring an additional 102 shares in the last quarter. WoodTrust Financial Corp increased its holdings in shares of Honeywell International by 2.7% in the 1st quarter. WoodTrust Financial Corp now owns 28,473 shares of the conglomerate’s stock valued at $6,029,000 after purchasing an additional 751 shares during the period. Consolidated Portfolio Review Corp purchased a new stake in shares of Honeywell International in the first quarter worth approximately $247,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Honeywell International by 486.5% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 305 shares of the conglomerate’s stock worth $65,000 after purchasing an additional 253 shares during the period. Finally, AssuredPartners Investment Advisors LLC grew its position in Honeywell International by 3.2% during the first quarter. AssuredPartners Investment Advisors LLC now owns 16,327 shares of the conglomerate’s stock valued at $3,457,000 after purchasing an additional 512 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company increased their target price on shares of Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 30th. Royal Bank Of Canada upped their price target on shares of Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Mizuho boosted their target price on Honeywell International from $235.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 16th. Finally, Wall Street Zen raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $249.21.

View Our Latest Stock Analysis on Honeywell International

Honeywell International Trading Up 1.3%

HON opened at $224.74 on Tuesday. The firm’s fifty day moving average is $216.61 and its two-hundred day moving average is $215.69. The firm has a market cap of $144.44 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25.

Honeywell International (NASDAQ:HON – Get Free Report) last issued 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. The business had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. Honeywell International’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.25 EPS. Equities research analysts anticipate 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 was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a $1.13 dividend. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.01%. Honeywell International’s dividend payout ratio is presently 51.95%.

Honeywell International Company Profile

(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.

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