Crossmark Global Holdings Inc. Purchases 1,372 Shares of Honeywell International Inc. (NASDAQ:HON)

Crossmark Global Holdings Inc. grew its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,612 shares of the conglomerate's stock after purchasing an additional 1,372 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Honeywell International were worth $7,541,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Fullcircle Wealth LLC raised its holdings in Honeywell International by 43.4% during the 1st quarter. Fullcircle Wealth LLC now owns 7,875 shares of the conglomerate's stock worth $1,580,000 after purchasing an additional 2,384 shares during the last quarter. Centennial Bank AR raised its holdings in Honeywell International by 7.6% during the 1st quarter. Centennial Bank AR now owns 1,383 shares of the conglomerate's stock worth $293,000 after purchasing an additional 98 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in Honeywell International by 9.6% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 23,288 shares of the conglomerate's stock worth $4,931,000 after purchasing an additional 2,048 shares during the last quarter. Security National Bank of SO Dak grew its position in shares of Honeywell International by 7.6% during the 1st quarter. Security National Bank of SO Dak now owns 1,207 shares of the conglomerate's stock worth $256,000 after buying an additional 85 shares during the period. Finally, Financial Counselors Inc. grew its position in shares of Honeywell International by 3.1% during the 1st quarter. Financial Counselors Inc. now owns 183,174 shares of the conglomerate's stock worth $38,787,000 after buying an additional 5,520 shares during the period. Institutional investors own 75.91% of the company's stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $239.35 on Tuesday. 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 has a market cap of $153.83 billion, a PE ratio of 27.51, a P/E/G ratio of 2.75 and a beta of 1.07. The business has a 50 day moving average of $223.75 and a 200 day moving average of $215.99. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last announced 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%. The firm's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.25 earnings per share. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were issued a $1.13 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 1.89%. Honeywell International's dividend payout ratio (DPR) is 51.95%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Mizuho raised their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $226.00 price objective on shares of Honeywell International in a report on Wednesday, June 25th. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Citigroup boosted their price objective on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Finally, Wells Fargo & Company upped their target price 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 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. According to data from MarketBeat, Honeywell International presently has a consensus 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.

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