OLD Second National Bank of Aurora Sells 194 Shares of Honeywell International Inc. (NASDAQ:HON)

OLD Second National Bank of Aurora reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,365 shares of the conglomerate’s stock after selling 194 shares during the period. OLD Second National Bank of Aurora’s holdings in Honeywell International were worth $2,195,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International in the 4th quarter worth approximately $25,000. Avalon Trust Co boosted its position in Honeywell International by 166.7% during the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock valued at $27,000 after acquiring an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at $29,000. Accredited Wealth Management LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth $34,000. Finally, Curio Wealth LLC bought a new stake in Honeywell International during the fourth quarter valued at about $35,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on HON shares. Royal Bank Of Canada raised 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. Barclays lifted their price target on shares of Honeywell International from $243.00 to $258.00 and gave the stock an “overweight” rating in a report on Wednesday. Wells Fargo & Company raised their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 30th. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Finally, Bank of America raised 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. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and an average target price of $249.21.

Honeywell International Price Performance

Honeywell International stock opened at $221.87 on Friday. The company has a fifty day simple moving average of $215.66 and a 200-day simple moving average of $215.90. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $142.59 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 2.59 and a beta of 1.08. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. Honeywell International’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.25 EPS. On average, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 2.04%. Honeywell International’s dividend 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.