Czech National Bank Purchases 8,364 Shares of Honeywell International Inc. (NASDAQ:HON)

Czech National Bank boosted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 149,351 shares of the conglomerate's stock after acquiring an additional 8,364 shares during the quarter. Czech National Bank's holdings in Honeywell International were worth $31,625,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Valmark Advisers Inc. grew its position in Honeywell International by 1.0% during the fourth quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock worth $1,048,000 after buying an additional 45 shares in the last quarter. Claris Advisors LLC MO grew its stake in shares of Honeywell International by 4.8% in the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock valued at $241,000 after purchasing an additional 49 shares during the period. Avantax Planning Partners Inc. grew its stake in shares of Honeywell International by 1.4% in the 4th quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock valued at $777,000 after purchasing an additional 49 shares during the period. NORTHSTAR ASSET MANAGEMENT Co LLC raised its stake in Honeywell International by 0.6% during the fourth quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 8,835 shares of the conglomerate's stock worth $1,996,000 after acquiring an additional 50 shares in the last quarter. Finally, Spinnaker Trust raised its stake in Honeywell International by 0.4% during the fourth quarter. Spinnaker Trust now owns 11,322 shares of the conglomerate's stock worth $2,558,000 after acquiring an additional 50 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

HON traded down $0.04 during trading hours on Thursday, hitting $227.41. The stock had a trading volume of 818,822 shares, compared to its average volume of 4,385,719. The company's fifty day simple moving average is $209.84 and its 200 day simple moving average is $216.23. Honeywell International Inc. has a 1 year low of $179.36 and a 1 year high of $242.77. The stock has a market cap of $146.15 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the company earned $2.25 EPS. The firm's revenue was up 7.9% compared to the same quarter last year. Equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 1.99%. Honeywell International's payout ratio is presently 51.95%.

Analysts Set New Price Targets

HON has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and increased their price objective for the stock from $236.00 to $260.00 in a research note on Friday, February 7th. Wells Fargo & Company lifted their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Morgan Stanley boosted their target price on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Barclays decreased their price objective on Honeywell International from $247.00 to $243.00 and set an "overweight" rating for the company in a research report on Wednesday, April 30th. Finally, Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Eight equities research 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, the company 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.