Honeywell International Inc. (NASDAQ:HON) Shares Sold by BigSur Wealth Management LLC

BigSur Wealth Management LLC lessened its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 6.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,598 shares of the conglomerate's stock after selling 1,700 shares during the quarter. Honeywell International makes up about 1.4% of BigSur Wealth Management LLC's holdings, making the stock its 15th largest position. BigSur Wealth Management LLC's holdings in Honeywell International were worth $5,209,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. LaFleur & Godfrey LLC grew its holdings in shares of Honeywell International by 40.7% during the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock worth $9,550,000 after buying an additional 12,227 shares in the last quarter. Brighton Jones LLC raised its holdings in Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock valued at $4,302,000 after acquiring an additional 1,582 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Honeywell International during the 4th quarter worth $21,525,000. Allspring Global Investments Holdings LLC grew its position in shares of Honeywell International by 2.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 274,975 shares of the conglomerate's stock valued at $62,017,000 after purchasing an additional 6,338 shares during the period. Finally, Naples Global Advisors LLC lifted its position in Honeywell International by 3.0% during the fourth quarter. Naples Global Advisors LLC now owns 6,204 shares of the conglomerate's stock worth $1,401,000 after buying an additional 183 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HON shares. Royal Bank of Canada upped their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 30th. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Barclays cut their target price on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Mizuho boosted their price target on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Finally, Citigroup boosted their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $248.14.

Honeywell International Stock Down 0.8%

NASDAQ:HON traded down $1.76 on Friday, reaching $224.29. The stock had a trading volume of 2,497,010 shares, compared to its average volume of 3,818,612. The company has a 50-day moving average of $213.35 and a 200 day moving average of $216.13. The company has a current ratio of 1.31, a quick ratio of 1.01 and a debt-to-equity ratio of 1.33. The stock has a market cap of $144.15 billion, a P/E ratio of 25.75, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data 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 return on equity of 35.78% and a net margin of 14.82%. The firm had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. During the same quarter last year, the firm earned $2.25 EPS. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. On average, 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 declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were issued a $1.13 dividend. 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 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.