18,234 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by CenterBook Partners LP

CenterBook Partners LP bought a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,234 shares of the conglomerate's stock, valued at approximately $3,861,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Avalon Trust Co lifted its stake in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock valued at $27,000 after buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new position in Honeywell International during the fourth quarter valued at approximately $29,000. Accredited Wealth Management LLC acquired a new position in Honeywell International during the fourth quarter valued at approximately $34,000. Curio Wealth LLC acquired a new position in Honeywell International during the fourth quarter valued at approximately $35,000. Finally, Alexis Investment Partners LLC acquired a new stake in shares of Honeywell International in the fourth quarter worth $37,000. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $1.49 during midday trading on Thursday, reaching $238.37. 2,506,314 shares of the company traded hands, compared to its average volume of 3,855,907. The stock's 50-day simple moving average is $227.27 and its 200-day simple moving average is $216.56. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The firm has a market cap of $153.20 billion, a PE ratio of 27.40, a PEG ratio of 2.67 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The firm had revenue of $9.82 billion during 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 company's revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $2.25 earnings per share. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 1.90%. Honeywell International's payout ratio is 51.95%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HON. Citigroup raised their price objective 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. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Wells Fargo & Company raised their target price on Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Mizuho raised their target price on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. raised their target price on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Honeywell International has a consensus rating of "Moderate Buy" and an average price target of $250.79.

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.