Honeywell International Inc. (NASDAQ:HON) Shares Acquired by St. James Investment Company LLC

St. James Investment Company LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 150.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,023 shares of the conglomerate's stock after purchasing an additional 44,419 shares during the quarter. Honeywell International makes up 2.6% of St. James Investment Company LLC's investment portfolio, making the stock its 16th largest position. St. James Investment Company LLC's holdings in Honeywell International were worth $15,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Honeywell International by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 61,761,711 shares of the conglomerate's stock worth $13,951,353,000 after acquiring an additional 380,299 shares during the last quarter. Geode Capital Management LLC raised its stake in Honeywell International by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 14,988,152 shares of the conglomerate's stock valued at $3,379,568,000 after buying an additional 627,422 shares during the last quarter. Capital World Investors purchased a new position in Honeywell International during the fourth quarter valued at $1,594,216,000. Capital Research Global Investors raised its stake in Honeywell International by 5.5% during the fourth quarter. Capital Research Global Investors now owns 6,641,017 shares of the conglomerate's stock valued at $1,500,141,000 after buying an additional 346,190 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Honeywell International by 5.7% during the fourth quarter. Northern Trust Corp now owns 6,253,570 shares of the conglomerate's stock valued at $1,412,619,000 after buying an additional 337,199 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Up 0.5%

Honeywell International stock traded up $1.26 during midday trading on Friday, reaching $240.52. The company's stock had a trading volume of 1,903,189 shares, compared to its average volume of 3,843,036. The stock's 50-day simple moving average is $222.15 and its 200-day simple moving average is $216.01. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The stock has a market capitalization of $154.57 billion, a P/E ratio of 27.65, a PEG ratio of 2.73 and a beta of 1.07.

Honeywell International (NASDAQ:HON - Get Free Report) last released its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.30. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the business posted $2.25 earnings per share. The business's quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 1.88%. Honeywell International's payout ratio is 51.95%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target for the company in a research note on Wednesday, May 7th. JPMorgan Chase & Co. boosted 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. Barclays upped their price objective on Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 18th. Mizuho upped their price objective on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Wells Fargo & Company upped their price objective on Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Eight 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 stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of "Moderate Buy" and a consensus target price of $250.29.

Honeywell International Company 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.