Honeywell International Inc. (NASDAQ:HON) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 867,403 shares of the conglomerate's stock after selling 25,297 shares during the period. New York State Common Retirement Fund owned approximately 0.13% of Honeywell International worth $183,673,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Capital World Investors acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $1,594,216,000. GAMMA Investing LLC increased its holdings in shares of Honeywell International by 20,894.0% during the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock worth $2,809,110,000 after buying an additional 1,320,295 shares during the last quarter. Cibc World Markets Corp increased its holdings in shares of Honeywell International by 411.8% during the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock worth $285,832,000 after buying an additional 1,018,099 shares during the last quarter. Demars Financial Group LLC acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $155,407,000. Finally, Boston Partners increased its holdings in Honeywell International by 29.2% in the 4th quarter. Boston Partners now owns 2,994,634 shares of the conglomerate's stock valued at $675,986,000 after purchasing an additional 677,213 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Down 0.4%

HON stock traded down $0.84 during midday trading on Friday, hitting $235.93. The company's stock had a trading volume of 2,417,149 shares, compared to its average volume of 3,863,234. The firm has a market capitalization of $151.63 billion, a P/E ratio of 27.12, a PEG ratio of 2.68 and a beta of 1.07. The firm has a 50-day simple moving average of $225.84 and a 200-day simple moving average of $216.34. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43.

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

Honeywell International Dividend Announcement

The business also recently declared 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 1.92%. Honeywell International's dividend payout ratio is currently 51.95%.

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday. Mizuho lifted their target price on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, May 16th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $226.00 target price on shares of Honeywell International in a report on Wednesday, June 25th. Citigroup lifted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Finally, Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Eight 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 stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $250.79.

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.