Honeywell International Inc. (NASDAQ:HON) Stock Holdings Increased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale raised its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 13.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 675,758 shares of the conglomerate's stock after purchasing an additional 77,510 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.11% of Honeywell International worth $142,406,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Avalon Trust Co lifted its holdings in Honeywell International by 166.7% in the 4th quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after buying an additional 75 shares in the last quarter. Mpwm Advisory Solutions LLC purchased a new stake in shares of Honeywell International during the fourth quarter worth about $29,000. Accredited Wealth Management LLC acquired a new position in shares of Honeywell International in the fourth quarter worth about $34,000. Curio Wealth LLC purchased a new position in Honeywell International in the fourth quarter valued at about $35,000. Finally, Alexis Investment Partners LLC purchased a new position in Honeywell International in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded down $1.08 during trading on Wednesday, hitting $238.72. 2,176,954 shares of the company traded hands, compared to its average volume of 3,855,384. 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 business's fifty day moving average is $224.88 and its 200-day moving average is $216.31. The stock has a market capitalization of $153.42 billion, a price-to-earnings ratio of 27.44, a PEG ratio of 2.73 and a beta of 1.07. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The firm 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 was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.25 EPS. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently disclosed 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 of this dividend was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 1.89%. Honeywell International's dividend payout ratio is presently 51.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Mizuho lifted their price target on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Barclays increased their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a report on Wednesday, May 7th. Finally, Citigroup upped their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $250.79.

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.