LaFleur & Godfrey LLC Purchases 10,061 Shares of Honeywell International Inc. (NASDAQ:HON)

LaFleur & Godfrey LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 23.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,338 shares of the conglomerate's stock after purchasing an additional 10,061 shares during the quarter. Honeywell International comprises about 1.5% of LaFleur & Godfrey LLC's investment portfolio, making the stock its 24th largest holding. LaFleur & Godfrey LLC's holdings in Honeywell International were worth $11,083,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Claris Advisors LLC MO boosted its stake in Honeywell International by 4.8% during the 4th quarter. Claris Advisors LLC MO now owns 1,069 shares of the conglomerate's stock worth $241,000 after acquiring an additional 49 shares during the last quarter. Avantax Planning Partners Inc. raised its holdings in Honeywell International by 1.4% in the fourth quarter. Avantax Planning Partners Inc. now owns 3,441 shares of the conglomerate's stock worth $777,000 after purchasing an additional 49 shares during the period. Zions Bancorporation N.A. boosted its position in shares of Honeywell International by 7.4% during the fourth quarter. Zions Bancorporation N.A. now owns 726 shares of the conglomerate's stock worth $164,000 after purchasing an additional 50 shares in the last quarter. Cetera Trust Company N.A grew its holdings in shares of Honeywell International by 0.5% in the 1st quarter. Cetera Trust Company N.A now owns 10,475 shares of the conglomerate's stock valued at $2,218,000 after buying an additional 50 shares during the period. Finally, Kennedy Investment Group increased its position in shares of Honeywell International by 1.7% in the 1st quarter. Kennedy Investment Group now owns 3,019 shares of the conglomerate's stock valued at $639,000 after buying an additional 51 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Analyst Upgrades and Downgrades

HON has been the topic of several recent analyst reports. Wells Fargo & Company lifted their target price on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Citigroup lifted their price objective on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Barclays increased their target price 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 lifted their price target on shares of Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a report on Wednesday. Eight investment 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 company's stock. According to data from MarketBeat, Honeywell International has an average rating of "Moderate Buy" and an average price target of $249.21.

Honeywell International Stock Down 1.3%

NASDAQ:HON traded down $2.81 on Wednesday, hitting $221.79. 3,003,733 shares of the company's stock were exchanged, compared to its average volume of 3,809,368. The firm has a 50-day moving average price of $217.13 and a 200-day moving average price of $215.75. Honeywell International Inc. has a 52 week low of $179.36 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95. The company has a market cap of $142.54 billion, a P/E ratio of 25.49, a price-to-earnings-growth ratio of 2.62 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last released 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. 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 in the previous year, the business earned $2.25 earnings per share. Honeywell International's quarterly revenue was up 7.9% on a year-over-year basis. As a group, analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.04%. The ex-dividend date was Friday, May 16th. Honeywell International's 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.