1,295 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Breed s Hill Capital LLC

Breed s Hill Capital LLC purchased a new position in Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,295 shares of the conglomerate's stock, valued at approximately $293,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capital World Investors purchased a new stake in shares of Honeywell International during the fourth quarter valued at $1,594,216,000. Raymond James Financial Inc. purchased a new stake in shares of Honeywell International during the fourth quarter valued at $435,786,000. ING Groep NV lifted its holdings in shares of Honeywell International by 884.0% during the fourth quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate's stock valued at $395,866,000 after purchasing an additional 1,574,376 shares during the last quarter. Cibc World Markets Corp lifted its holdings in shares of Honeywell International by 411.8% during the fourth quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock valued at $285,832,000 after purchasing an additional 1,018,099 shares during the last quarter. Finally, Demars Financial Group LLC purchased a new stake in shares of Honeywell International during the fourth quarter valued at $155,407,000. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.4%

Shares of NASDAQ HON traded down $0.90 during mid-day trading on Wednesday, reaching $225.56. 886,560 shares of the company traded hands, compared to its average volume of 3,776,964. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31. The stock has a market cap of $144.97 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company's fifty day moving average is $208.18 and its two-hundred day moving average is $216.32. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week 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 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. The business 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 35.78% and a net margin of 14.82%. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.25 EPS. On average, analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is currently 51.95%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HON shares. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a report on Wednesday, May 7th. Mizuho upped 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. Citigroup dropped their price target on Honeywell International from $253.00 to $229.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Morgan Stanley upped their price target on Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 11th. Finally, Barclays dropped their price target 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. Eight 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 company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $245.57.

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.