Van Hulzen Asset Management LLC Has $395,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Van Hulzen Asset Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 32.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,848 shares of the conglomerate’s stock after buying an additional 453 shares during the period. Van Hulzen Asset Management LLC’s holdings in Honeywell International were worth $395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its stake in Honeywell International by 32.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,840,959 shares of the conglomerate’s stock worth $1,644,328,000 after acquiring an additional 1,899,373 shares in the last quarter. Natixis grew its holdings in shares of Honeywell International by 184.8% in the 1st quarter. Natixis now owns 838,716 shares of the conglomerate’s stock worth $172,146,000 after purchasing an additional 544,175 shares during the last quarter. Capital Research Global Investors increased its position in shares of Honeywell International by 20.4% during the 4th quarter. Capital Research Global Investors now owns 3,189,925 shares of the conglomerate’s stock worth $668,959,000 after purchasing an additional 539,644 shares in the last quarter. First Financial Bankshares Inc bought a new position in Honeywell International during the 4th quarter valued at about $72,580,000. Finally, Janus Henderson Group PLC boosted its position in Honeywell International by 8.1% in the first quarter. Janus Henderson Group PLC now owns 2,698,596 shares of the conglomerate’s stock valued at $553,880,000 after buying an additional 202,358 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $200.95 on Wednesday. The business’s 50-day simple moving average is $205.97 and its 200 day simple moving average is $203.19. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. The stock has a market cap of $130.55 billion, a price-to-earnings ratio of 23.29, a P/E/G ratio of 2.25 and a beta of 1.03. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $220.79.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.07. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.23 EPS. As a group, research analysts anticipate that Honeywell International Inc. will post 10.12 earnings per share for the current year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 16th were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend was Friday, August 16th. Honeywell International’s dividend payout ratio (DPR) is currently 50.06%.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Citigroup raised their price objective on shares of Honeywell International from $243.00 to $244.00 and gave the stock a “buy” rating in a report on Tuesday, June 4th. Wells Fargo & Company cut their price objective on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Friday, July 26th. Royal Bank of Canada decreased their target price on Honeywell International from $218.00 to $214.00 and set a “sector perform” rating on the stock in a report on Friday, July 26th. UBS Group raised Honeywell International from a “sell” rating to a “neutral” rating and lifted their price target for the company from $175.00 to $215.00 in a report on Monday, June 10th. Finally, Daiwa America raised shares of Honeywell International to a “moderate buy” rating in a report on Wednesday, June 5th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $223.13.

About Honeywell International

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.