Bank Julius Baer & Co. Ltd Zurich Has $359.06 Million Position in Honeywell International Inc. (NASDAQ:HON)

Bank Julius Baer & Co. Ltd Zurich lessened its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,545,609 shares of the conglomerate's stock after selling 51,947 shares during the period. Honeywell International accounts for about 1.2% of Bank Julius Baer & Co. Ltd Zurich's portfolio, making the stock its 19th biggest holding. Bank Julius Baer & Co. Ltd Zurich owned about 0.24% of Honeywell International worth $359,058,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Gateway Wealth Partners LLC grew its position in shares of Honeywell International by 2.5% in the 1st quarter. Gateway Wealth Partners LLC now owns 2,044 shares of the conglomerate's stock valued at $433,000 after buying an additional 49 shares during the last quarter. Zions Bancorporation N.A. boosted its position in shares of Honeywell International by 7.4% during the 4th quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock valued at $164,000 after purchasing an additional 50 shares in the last quarter. Cetera Trust Company N.A boosted its position in shares of Honeywell International by 0.5% during the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock valued at $2,218,000 after purchasing an additional 50 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC boosted its position in shares of Honeywell International by 12.0% during the 1st quarter. Mowery & Schoenfeld Wealth Management LLC now owns 466 shares of the conglomerate's stock valued at $99,000 after purchasing an additional 50 shares in the last quarter. Finally, VSM Wealth Advisory LLC boosted its position in shares of Honeywell International by 4.8% during the 1st quarter. VSM Wealth Advisory LLC now owns 1,100 shares of the conglomerate's stock valued at $233,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on HON shares. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a report on Wednesday, June 25th. Barclays increased their price target on Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Wells Fargo & Company increased their price target on Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 1st. Finally, JPMorgan Chase & Co. increased their price target 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 issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International Stock Performance

Shares of HON traded up $0.72 on Tuesday, reaching $235.94. 414,878 shares of the company's stock traded hands, compared to its average volume of 3,853,727. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The stock has a market cap of $151.63 billion, a PE ratio of 27.15, a PEG ratio of 2.69 and a beta of 1.07. The stock's 50 day simple moving average is $228.22 and its two-hundred day simple moving average is $216.59. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its 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. The firm had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business's revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.25 earnings per share. On average, analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

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.

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