Honeywell International Inc. (NASDAQ:HON) Shares Sold by J. L. Bainbridge & Co. Inc.

J. L. Bainbridge & Co. Inc. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 73.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,121 shares of the conglomerate's stock after selling 3,049 shares during the period. J. L. Bainbridge & Co. Inc.'s holdings in Honeywell International were worth $237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. World Investment Advisors boosted its holdings in shares of Honeywell International by 137.7% in the 4th 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 in the last quarter. Coordinated Financial Services Inc. purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $361,000. Schroder Investment Management Group raised its position in shares of Honeywell International by 12.7% in the 4th quarter. Schroder Investment Management Group now owns 89,297 shares of the conglomerate's stock valued at $20,235,000 after purchasing an additional 10,092 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $435,786,000. Finally, Dynasty Wealth Management LLC raised its position in shares of Honeywell International by 52.1% in the 4th quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock valued at $2,559,000 after purchasing an additional 3,879 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $2.47 during trading on Friday, hitting $228.85. 4,994,254 shares of the stock traded hands, compared to its average volume of 3,822,945. 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 company has a market cap of $147.08 billion, a price-to-earnings ratio of 22.77, a P/E/G ratio of 2.67 and a beta of 1.08. The company has a fifty day moving average price of $218.94 and a two-hundred day moving average price of $215.71. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS 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 was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.25 EPS. As a group, equities analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were paid 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 yield of 1.98%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HON. Wells Fargo & Company boosted their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday, April 30th. Barclays boosted their price target on Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday, June 18th. Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a report on Wednesday, May 7th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $226.00 target price on shares of Honeywell International in a report on Wednesday. Finally, Wall Street Zen upgraded Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $249.21.

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.