1,350 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Goodwin Investment Advisory

Goodwin Investment Advisory acquired a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,350 shares of the conglomerate's stock, valued at approximately $286,000. Honeywell International accounts for 0.4% of Goodwin Investment Advisory's holdings, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital World Investors purchased a new position in shares of Honeywell International in the 4th quarter valued at about $1,594,216,000. GAMMA Investing LLC increased its holdings in shares of Honeywell International by 20,894.0% in the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock valued at $2,809,110,000 after acquiring an additional 1,320,295 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Honeywell International by 592.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 867,665 shares of the conglomerate's stock valued at $183,728,000 after acquiring an additional 742,281 shares during the last quarter. Demars Financial Group LLC acquired a new stake in shares of Honeywell International in the 4th quarter valued at about $155,407,000. Finally, Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.4% in the 4th quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock valued at $3,379,568,000 after purchasing an additional 627,422 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HON shares. Wells Fargo & Company decreased their price objective on Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a research report on Friday. JPMorgan Chase & Co. raised their price target on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Citigroup raised their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Barclays raised their price objective on Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Finally, Bank of America raised 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. Eight equities 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.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $252.00.

Honeywell International Price Performance

Shares of NASDAQ:HON traded down $0.24 on Friday, reaching $224.24. 5,645,057 shares of the company traded hands, compared to its average volume of 3,343,010. The company's 50 day moving average is $229.41 and its 200-day moving average is $216.99. The stock has a market capitalization of $144.11 billion, a PE ratio of 25.51, a P/E/G ratio of 2.53 and a beta of 1.07. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.95.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. Honeywell International had a return on equity of 37.37% and a net margin of 14.30%. The business had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. During the same period last year, the company earned $2.49 earnings per share. Honeywell International's quarterly revenue was up 8.1% compared to the same quarter last year. As a group, analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Friday, August 15th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.02%. Honeywell International's dividend payout ratio is currently 51.95%.

Honeywell International 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.