DekaBank Deutsche Girozentrale Has $142.41 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

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

A number of other institutional investors have also recently bought and sold shares of HON. Capital World Investors acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $1,594,216,000. GAMMA Investing LLC raised its stake in shares of Honeywell International by 20,894.0% in the first quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock valued at $2,809,110,000 after purchasing an additional 1,320,295 shares in the last quarter. Cibc World Markets Corp raised its stake in shares of Honeywell International by 411.8% in the fourth quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock valued at $285,832,000 after purchasing an additional 1,018,099 shares in the last quarter. Demars Financial Group LLC acquired a new position in shares of Honeywell International in the fourth quarter valued at $155,407,000. Finally, Boston Partners raised its stake in shares of Honeywell International by 29.2% in the fourth quarter. Boston Partners now owns 2,994,634 shares of the conglomerate's stock valued at $675,986,000 after purchasing an additional 677,213 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HON has been the subject of a number of recent research reports. Barclays upped their target price on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday. Mizuho upped their target price on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a research report on Wednesday, June 25th. Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. increased 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. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Honeywell International currently has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International Trading Down 0.8%

HON stock traded down $1.95 during midday trading on Thursday, reaching $236.77. The stock had a trading volume of 2,259,087 shares, compared to its average volume of 3,849,037. The business has a fifty day simple moving average of $224.88 and a two-hundred day simple moving average of $216.31. 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 firm has a market cap of $152.17 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 2.73 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.

Honeywell International (NASDAQ:HON - Get Free Report) last announced 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 analyst estimates of $9.59 billion. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The company's revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $2.25 earnings per share. As a group, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 1.91%. Honeywell International's payout ratio is currently 51.95%.

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.