S.E.E.D. Planning Group LLC Lowers Stake in Honeywell International Inc. (NASDAQ:HON)

S.E.E.D. Planning Group LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 93.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,042 shares of the conglomerate's stock after selling 41,312 shares during the period. S.E.E.D. Planning Group LLC's holdings in Honeywell International were worth $644,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. LaFleur & Godfrey LLC grew its holdings in Honeywell International by 40.7% in the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock worth $9,550,000 after purchasing an additional 12,227 shares during the last quarter. Brighton Jones LLC grew its holdings in Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in Honeywell International in the fourth quarter worth $21,525,000. KBC Group NV grew its holdings in Honeywell International by 11.3% in the fourth quarter. KBC Group NV now owns 53,686 shares of the conglomerate's stock worth $12,127,000 after purchasing an additional 5,450 shares during the last quarter. Finally, Gateway Wealth Partners LLC grew its holdings in Honeywell International by 20.3% in the fourth quarter. Gateway Wealth Partners LLC now owns 1,995 shares of the conglomerate's stock worth $451,000 after purchasing an additional 336 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Mizuho lifted their price target on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $182.00 to $217.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Royal Bank of Canada boosted their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a report on Wednesday, April 30th. Morgan Stanley boosted their price objective on shares of Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Finally, Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $245.57.

Honeywell International Stock Performance

NASDAQ HON traded down $0.34 on Friday, reaching $224.85. 8,299,549 shares of the company's stock traded hands, compared to its average volume of 3,831,092. The firm has a market cap of $144.51 billion, a price-to-earnings ratio of 25.82, a P/E/G ratio of 2.51 and a beta of 1.07. The stock has a 50 day moving average price of $208.99 and a 200-day moving average price of $216.20. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. The company had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share. Equities research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a yield of 2.01%. Honeywell International's dividend payout ratio is presently 51.95%.

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.