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

Greenleaf Trust lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 3.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 121,398 shares of the conglomerate's stock after acquiring an additional 4,117 shares during the period. Honeywell International makes up approximately 0.2% of Greenleaf Trust's investment portfolio, making the stock its 28th largest holding. Greenleaf Trust's holdings in Honeywell International were worth $25,706,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avalon Trust Co grew its holdings in shares of Honeywell International by 166.7% during the fourth 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 position in shares of Honeywell International during the 4th quarter worth approximately $29,000. Accredited Wealth Management LLC purchased a new position in shares of Honeywell International in the fourth quarter valued at approximately $34,000. Curio Wealth LLC acquired a new position in shares of Honeywell International in the fourth quarter worth $35,000. Finally, Alexis Investment Partners LLC purchased a new position in Honeywell International in the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. 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 report on Wednesday. Mizuho lifted their price target on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a report on Wednesday, May 7th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Finally, JPMorgan Chase & Co. increased their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Eight research 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International Price Performance

HON stock traded down $0.58 during trading on Thursday, reaching $238.14. 672,922 shares of the company were exchanged, compared to its average volume of 3,842,867. The company has a market cap of $153.05 billion, a P/E ratio of 27.39, a PEG ratio of 2.73 and a beta of 1.07. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The stock's 50 day moving average price is $224.88 and its 200 day moving average price is $216.31. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25.

Honeywell International (NASDAQ:HON - Get Free Report) last released 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. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter in the previous year, the firm earned $2.25 earnings per share. The firm's revenue was up 7.9% on a year-over-year basis. As a group, analysts predict that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The firm 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 dividend yield of 1.90%. Honeywell International's dividend payout ratio is presently 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.