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

Chilton Capital Management LLC decreased its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 29.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,267 shares of the conglomerate's stock after selling 3,042 shares during the period. Chilton Capital Management LLC's holdings in Honeywell International were worth $1,539,000 at the end of the most recent quarter.

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

Honeywell International Trading Up 0.2%

Shares of HON traded up $0.45 during trading hours on Tuesday, reaching $239.80. 2,767,724 shares of the company traded hands, compared to its average volume of 3,852,175. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43. The company's fifty day moving average price is $224.32 and its two-hundred day moving average price is $216.15. The company has a market capitalization of $154.11 billion, a price-to-earnings ratio of 27.56, a price-to-earnings-growth ratio of 2.73 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data 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 return on equity of 36.19% and a net margin of 14.51%. The business had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $9.59 billion. During the same period in the previous year, the firm posted $2.25 EPS. The business's revenue was up 7.9% on a year-over-year basis. Equities research analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

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 1.88%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Royal Bank Of Canada restated a "sector perform" rating and set a $226.00 price target on shares of Honeywell International in a research report on Wednesday, June 25th. Mizuho boosted their target price on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Barclays raised their price target on Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Finally, Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $250.29.

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.