Honeywell International Inc. (NASDAQ:HON) Stock Position Decreased by Chilton Capital Management LLC

Chilton Capital Management LLC reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 29.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,267 shares of the conglomerate's stock after selling 3,042 shares during the quarter. Chilton Capital Management LLC's holdings in Honeywell International were worth $1,539,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Honeywell International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock worth $13,951,353,000 after buying an additional 380,299 shares during the last quarter. Geode Capital Management LLC lifted its position in Honeywell International by 4.4% in the fourth quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock valued at $3,379,568,000 after acquiring an additional 627,422 shares during the last quarter. Capital World Investors acquired a new position in Honeywell International in the fourth quarter valued at $1,594,216,000. Capital Research Global Investors grew its holdings in shares of Honeywell International by 5.5% during the fourth quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate's stock worth $1,500,141,000 after purchasing an additional 346,190 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Honeywell International by 5.7% during the fourth quarter. Northern Trust Corp now owns 6,253,570 shares of the conglomerate's stock worth $1,412,619,000 after purchasing an additional 337,199 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Royal Bank Of Canada reissued a "sector perform" rating and issued a $226.00 target price on shares of Honeywell International in a research report on Wednesday, June 25th. Wells Fargo & Company raised their target price on shares of Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Barclays raised their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Finally, Bank of America upgraded shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price for the company in a research note on Wednesday, May 7th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of "Moderate Buy" and a consensus target price of $250.29.

Honeywell International Stock Performance

NASDAQ:HON traded down $1.05 during trading hours on Monday, reaching $239.35. 2,709,913 shares of the stock were exchanged, compared to its average volume of 3,848,454. The stock has a market capitalization of $153.83 billion, a P/E ratio of 27.51, a P/E/G ratio of 2.75 and a beta of 1.07. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The firm has a 50 day simple moving average of $222.98 and a 200-day simple moving average of $215.91. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. Honeywell International's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.25 earnings per share. As a group, sell-side 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 disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.89%. 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.