Chilton Capital Management LLC Decreases Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Chilton Capital Management LLC lowered its stake 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 disclosure with the SEC. The firm 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 SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after buying an additional 1,582 shares in the last quarter. Proficio Capital Partners LLC raised its stake in Honeywell International by 40.8% in the fourth quarter. Proficio Capital Partners LLC now owns 2,635 shares of the conglomerate's stock valued at $595,000 after purchasing an additional 764 shares in the last quarter. Candriam S.C.A. raised its stake in Honeywell International by 88.3% in the fourth quarter. Candriam S.C.A. now owns 9,144 shares of the conglomerate's stock valued at $2,066,000 after purchasing an additional 4,288 shares in the last quarter. Callan Family Office LLC purchased a new stake in Honeywell International in the fourth quarter valued at approximately $2,527,000. Finally, Destination Wealth Management raised its stake in Honeywell International by 106.8% in the fourth quarter. Destination Wealth Management now owns 2,552 shares of the conglomerate's stock valued at $576,000 after purchasing an additional 1,318 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HON shares. Mizuho raised their target price on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Citigroup raised their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Wells Fargo & Company lifted their price target on shares of Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 1st. Royal Bank Of Canada reissued a "sector perform" rating and set a $226.00 price target on shares of Honeywell International in a research note on Wednesday, June 25th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Honeywell International currently has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International Trading Down 0.5%

NASDAQ:HON traded down $1.08 during trading hours on Wednesday, hitting $238.72. The company had a trading volume of 2,126,988 shares, compared to its average volume of 3,845,502. The company has a market capitalization of $153.42 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 2.73 and a beta of 1.07. The stock has a 50-day moving average price of $224.32 and a 200 day moving average price of $216.15. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same quarter in the previous year, the business posted $2.25 earnings per share. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities research analysts predict 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 was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date 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.