D Orazio & Associates Inc. Buys 305 Shares of Honeywell International Inc. (NASDAQ:HON)

D Orazio & Associates Inc. increased its stake in Honeywell International Inc. (NASDAQ:HON) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,936 shares of the conglomerate’s stock after purchasing an additional 305 shares during the period. D Orazio & Associates Inc.’s holdings in Honeywell International were worth $1,045,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HON. Mainstream Capital Management LLC purchased a new stake in shares of Honeywell International during the fourth quarter valued at approximately $25,000. Avalon Trust Co increased its holdings in 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 buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new stake in Honeywell International in the 4th quarter worth about $29,000. Accredited Wealth Management LLC purchased a new position in Honeywell International in the fourth quarter worth about $34,000. Finally, Curio Wealth LLC purchased a new position in shares of Honeywell International during the 4th quarter valued at about $35,000. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on HON shares. JPMorgan Chase & Co. lifted their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a “neutral” rating in a research note on Friday, May 16th. Citigroup lifted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Bank of America raised shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a research report on Wednesday, May 7th. Royal Bank of Canada boosted their price target on shares of Honeywell International from $211.00 to $226.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 30th. Finally, Mizuho upped their target price on shares of Honeywell International from $235.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 16th. 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $248.14.

Honeywell International Stock Down 0.8%

Shares of HON opened at $224.29 on Friday. The company’s 50-day simple moving average is $213.35 and its 200-day simple moving average is $216.03. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The stock has a market capitalization of $144.15 billion, a PE ratio of 25.75, a P/E/G ratio of 2.51 and a beta of 1.08.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion during the quarter, compared to analysts’ expectations of $9.59 billion. During the same period in the previous year, the company earned $2.25 earnings per share. Honeywell International’s quarterly revenue was up 7.9% compared to the same quarter last year. Analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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