Community Bank N.A. Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Community Bank N.A. grew its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 16.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,534 shares of the conglomerate's stock after acquiring an additional 1,913 shares during the quarter. Community Bank N.A.'s holdings in Honeywell International were worth $2,866,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HON. World Investment Advisors increased its position in Honeywell International by 137.7% during the 4th quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after purchasing an additional 12,969 shares in the last quarter. Coordinated Financial Services Inc. acquired a new position in Honeywell International in the 4th quarter worth $361,000. Schroder Investment Management Group boosted its position in Honeywell International by 12.7% in the 4th quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after buying an additional 10,092 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Honeywell International during the fourth quarter valued at about $435,786,000. Finally, Dynasty Wealth Management LLC increased its position in shares of Honeywell International by 52.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock worth $2,559,000 after acquiring an additional 3,879 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Trading Down 1.0%

NASDAQ:HON opened at $221.79 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The firm has a market capitalization of $142.54 billion, a P/E ratio of 25.49, a P/E/G ratio of 2.61 and a beta of 1.08. Honeywell International Inc. has a 12-month low of $179.36 and a 12-month high of $242.77. The business has a 50 day simple moving average of $214.63 and a 200 day simple moving average of $215.92.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The company 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 firm's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.25 EPS. Equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently declared 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 was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.04%. Honeywell International's dividend payout ratio (DPR) is 51.95%.

Analyst Upgrades and Downgrades

HON has been the subject of a number of recent analyst reports. Citigroup raised their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Royal Bank Of Canada upped their price target on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. Wells Fargo & Company raised their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Finally, Barclays cut their target price on shares of Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Eight 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 company. According to MarketBeat.com, Honeywell International presently has an average rating of "Moderate Buy" and a consensus target price of $248.14.

Honeywell International Company 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.

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