Johnson Investment Counsel Inc. Has $87.55 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Johnson Investment Counsel Inc. raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 413,480 shares of the conglomerate's stock after acquiring an additional 17,969 shares during the period. Johnson Investment Counsel Inc. owned approximately 0.06% of Honeywell International worth $87,554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HON. World Investment Advisors lifted its position in Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock worth $5,057,000 after buying an additional 12,969 shares during the period. Coordinated Financial Services Inc. acquired a new position in shares of Honeywell International during the fourth quarter worth $361,000. Schroder Investment Management Group boosted its position in 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 buying an additional 10,092 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Honeywell International during the 4th quarter valued at approximately $435,786,000. Finally, Dynasty Wealth Management LLC increased its stake in shares of Honeywell International by 52.1% in the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock worth $2,559,000 after buying an additional 3,879 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Down 0.1%

Shares of HON traded down $0.27 during mid-day trading on Friday, hitting $221.60. 1,839,618 shares of the company's stock were exchanged, compared to its average volume of 3,816,323. The stock has a market cap of $142.42 billion, a price-to-earnings ratio of 25.48, a P/E/G ratio of 2.59 and a beta of 1.08. The firm has a fifty day moving average of $215.66 and a two-hundred day moving average of $215.90. 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 Inc. has a twelve month low of $179.36 and a twelve month high of $242.77.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its 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 firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.25 earnings per share. On average, sell-side analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date was Friday, May 16th. Honeywell International's dividend payout ratio is 51.95%.

Analyst Upgrades and Downgrades

A number of research firms have commented on HON. Barclays lifted their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a report on Wednesday. Citigroup increased their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Royal Bank Of Canada raised their price objective on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 30th. 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 report on Wednesday, May 7th. Finally, Wells Fargo & Company boosted their price objective on Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average 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.