Honeywell International Inc. (NASDAQ:HON) Stock Holdings Lifted by CORDA Investment Management LLC.

CORDA Investment Management LLC. boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 96,433 shares of the conglomerate's stock after purchasing an additional 2,018 shares during the quarter. CORDA Investment Management LLC.'s holdings in Honeywell International were worth $20,420,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Capital World Investors acquired a new position in Honeywell International during the 4th quarter worth $1,594,216,000. GAMMA Investing LLC boosted its position in Honeywell International by 20,894.0% during the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock worth $2,809,110,000 after acquiring an additional 1,320,295 shares during the period. Cibc World Markets Corp boosted its position in Honeywell International by 411.8% during the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock worth $285,832,000 after acquiring an additional 1,018,099 shares during the period. Demars Financial Group LLC acquired a new position in Honeywell International during the 4th quarter worth $155,407,000. Finally, Boston Partners boosted its position in Honeywell International by 29.2% during the 4th quarter. Boston Partners now owns 2,994,634 shares of the conglomerate's stock worth $675,986,000 after acquiring an additional 677,213 shares during the period. Institutional investors and hedge funds own 75.91% of the company's stock.

Wall Street Analysts Forecast Growth

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

Honeywell International Stock Down 0.4%

NASDAQ:HON traded down $0.84 during trading hours on Friday, hitting $235.93. 2,417,149 shares of the company's stock traded hands, compared to its average volume of 3,863,234. The firm has a market cap of $151.63 billion, a P/E ratio of 27.12, a P/E/G ratio of 2.68 and a beta of 1.07. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The stock's fifty day moving average price is $225.84 and its two-hundred day moving average price is $216.34.

Honeywell International (NASDAQ:HON - Get Free Report) last posted 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. The firm had revenue of $9.82 billion for 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%. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.25 earnings per share. On average, research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's payout ratio is 51.95%.

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.