Boyd Watterson Asset Management LLC OH Buys 2,112 Shares of Honeywell International Inc. (NASDAQ:HON)

Boyd Watterson Asset Management LLC OH raised its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 7.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,523 shares of the conglomerate's stock after buying an additional 2,112 shares during the period. Honeywell International accounts for approximately 2.1% of Boyd Watterson Asset Management LLC OH's portfolio, making the stock its 13th biggest holding. Boyd Watterson Asset Management LLC OH's holdings in Honeywell International were worth $6,675,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HON. Advisors Preferred LLC grew its position in Honeywell International by 375.7% during the first quarter. Advisors Preferred LLC now owns 9,000 shares of the conglomerate's stock worth $1,921,000 after buying an additional 7,108 shares in the last quarter. Next Capital Management LLC grew its position in Honeywell International by 23.0% during the first quarter. Next Capital Management LLC now owns 1,282 shares of the conglomerate's stock worth $271,000 after buying an additional 240 shares in the last quarter. Madison Asset Management LLC grew its position in Honeywell International by 20.0% during the first quarter. Madison Asset Management LLC now owns 164,123 shares of the conglomerate's stock worth $34,753,000 after buying an additional 27,397 shares in the last quarter. Close Asset Management Ltd grew its position in Honeywell International by 1.8% during the first quarter. Close Asset Management Ltd now owns 55,636 shares of the conglomerate's stock worth $11,781,000 after buying an additional 975 shares in the last quarter. Finally, Forbes J M & Co. LLP boosted its holdings in Honeywell International by 3.8% during the first quarter. Forbes J M & Co. LLP now owns 57,722 shares of the conglomerate's stock valued at $12,223,000 after purchasing an additional 2,102 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on HON shares. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Mizuho boosted their target price on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. 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. Bank of America raised 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, JPMorgan Chase & Co. boosted their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $252.00.

Honeywell International Stock Down 0.1%

Shares of Honeywell International stock traded down $0.24 during trading hours on Friday, reaching $224.24. 5,645,057 shares of the company's stock were exchanged, compared to its average volume of 3,343,010. The company has a 50 day moving average of $229.41 and a two-hundred day moving average of $216.99. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a current ratio of 1.29, a quick ratio of 0.95 and a debt-to-equity ratio of 1.81. The stock has a market cap of $144.11 billion, a P/E ratio of 25.51, a P/E/G ratio of 2.53 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. The business had revenue of $10.35 billion during the quarter, compared to the consensus estimate of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. Honeywell International's revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $2.49 EPS. On average, sell-side analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.02%. Honeywell International's dividend payout ratio 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.