AA Financial Advisors LLC Purchases 63 Shares of Honeywell International Inc. (NASDAQ:HON)

AA Financial Advisors LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.6% during the first quarter, according to its most recent Form 13F filing with the SEC. 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 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Mainstream Capital Management LLC bought a new stake in shares of Honeywell International in the fourth quarter valued at about $25,000. Avalon Trust Co lifted its position in shares of Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 75 shares during the period. Mpwm Advisory Solutions LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC bought a new stake in shares of Honeywell International during the fourth quarter valued at approximately $34,000. Finally, Curio Wealth LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON stock opened at $224.09 on Tuesday. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The firm’s 50 day moving average is $214.18 and its 200-day moving average is $215.88. The firm has a market capitalization of $144.02 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 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 company had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. During the same period last year, the firm earned $2.25 EPS. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. Sell-side analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is 51.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on HON shares. Barclays lowered their price target on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating on the stock in a report on Wednesday, April 30th. Bank of America raised shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 target price on the stock in a research note on Wednesday, May 7th. Royal Bank of Canada increased 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 report on Wednesday, April 30th. Mizuho lifted their price objective on Honeywell International from $235.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Finally, JPMorgan Chase & Co. increased their target price on Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $248.14.

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.