apricus wealth LLC Has $773,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

apricus wealth LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 15.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,652 shares of the conglomerate’s stock after buying an additional 497 shares during the period. apricus wealth LLC’s holdings in Honeywell International were worth $773,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Simon Quick Advisors LLC boosted its position in Honeywell International by 72.0% during the first quarter. Simon Quick Advisors LLC now owns 7,523 shares of the conglomerate’s stock valued at $1,593,000 after purchasing an additional 3,149 shares during the last quarter. Alpha Omega Wealth Management LLC boosted its position in Honeywell International by 1.4% during the first quarter. Alpha Omega Wealth Management LLC now owns 6,159 shares of the conglomerate’s stock valued at $1,304,000 after purchasing an additional 83 shares during the last quarter. Bard Financial Services Inc. boosted its position in Honeywell International by 4.9% during the first quarter. Bard Financial Services Inc. now owns 17,719 shares of the conglomerate’s stock valued at $3,752,000 after purchasing an additional 825 shares during the last quarter. USA Financial Formulas boosted its position in Honeywell International by 18.5% during the first quarter. USA Financial Formulas now owns 6,712 shares of the conglomerate’s stock valued at $1,421,000 after purchasing an additional 1,048 shares during the last quarter. Finally, CX Institutional boosted its position in Honeywell International by 46.1% during the first quarter. CX Institutional now owns 66,728 shares of the conglomerate’s stock valued at $14,130,000 after purchasing an additional 21,061 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.2%

Shares of HON opened at $225.82 on Thursday. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $145.13 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 2.51 and a beta of 1.08. The stock’s 50-day moving average price is $211.75 and its 200 day moving average price is $216.20.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results 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. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same period in the previous year, the company posted $2.25 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date was Friday, May 16th. Honeywell International’s payout ratio is 51.95%.

Analyst Ratings Changes

Several equities analysts have weighed in on HON shares. JPMorgan Chase & Co. raised their target price on Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a report on Friday, May 16th. Wells Fargo & Company raised their target price on Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Citigroup raised their target price on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Bank of America upgraded Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 target price on the stock in a report on Wednesday, May 7th. Finally, Mizuho raised their target price on Honeywell International from $235.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 16th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.14.

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.