Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Greenleaf Trust

Greenleaf Trust increased its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,398 shares of the conglomerate's stock after buying an additional 4,117 shares during the period. Honeywell International comprises 0.2% of Greenleaf Trust's portfolio, making the stock its 28th largest holding. Greenleaf Trust's holdings in Honeywell International were worth $25,706,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. World Investment Advisors raised its position in shares of Honeywell International by 137.7% in the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock valued at $5,057,000 after buying an additional 12,969 shares during the last quarter. Schroder Investment Management Group increased its position in Honeywell International by 12.7% during the fourth quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock worth $20,235,000 after purchasing an additional 10,092 shares during the last quarter. Red Door Wealth Management LLC increased its position in Honeywell International by 2.6% during the first quarter. Red Door Wealth Management LLC now owns 29,090 shares of the conglomerate's stock worth $6,160,000 after purchasing an additional 736 shares during the last quarter. Potomac Fund Management Inc. ADV acquired a new position in Honeywell International during the fourth quarter worth approximately $1,722,000. Finally, Petros Family Wealth LLC acquired a new position in Honeywell International during the fourth quarter worth approximately $383,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Price Performance

HON opened at $239.80 on Wednesday. The firm has a market cap of $154.11 billion, a price-to-earnings ratio of 27.56, a PEG ratio of 2.73 and a beta of 1.07. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. Honeywell International Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a fifty day simple moving average of $224.32 and a 200 day simple moving average of $216.15.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the business earned $2.25 EPS. Equities research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. JPMorgan Chase & Co. increased their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a research report on Friday, May 16th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $226.00 price objective on shares of Honeywell International in a research report on Wednesday, June 25th. Mizuho increased 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. Finally, Barclays increased their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Eight equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.