Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. boosted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 413,480 shares of the conglomerate's stock after purchasing an additional 17,969 shares during the quarter. Johnson Investment Counsel Inc. owned approximately 0.06% of Honeywell International worth $87,554,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Capital World Investors acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $1,594,216,000. Raymond James Financial Inc. acquired a new stake in shares of Honeywell International in the fourth quarter valued at approximately $435,786,000. ING Groep NV grew its position in shares of Honeywell International by 884.0% in the fourth quarter. ING Groep NV now owns 1,752,472 shares of the conglomerate's stock valued at $395,866,000 after purchasing an additional 1,574,376 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Honeywell International by 20,894.0% in the first quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock valued at $2,809,110,000 after purchasing an additional 1,320,295 shares during the last quarter. Finally, Cibc World Markets Corp grew its position in shares of Honeywell International by 411.8% in the fourth quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock valued at $285,832,000 after purchasing an additional 1,018,099 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Trading Down 0.0%

NASDAQ:HON traded down $0.07 during trading hours on Friday, reaching $221.80. 5,853,173 shares of the company were exchanged, compared to its average volume of 3,814,926. 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 firm has a market cap of $142.55 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 2.59 and a beta of 1.08. Honeywell International Inc. has a 52-week low of $179.36 and a 52-week high of $242.77. The stock has a 50 day simple moving average of $216.12 and a 200 day simple moving average of $215.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.51% and a return on equity of 36.19%. The business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the firm posted $2.25 EPS. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were paid 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 presently 51.95%.

Wall Street Analyst Weigh In

HON has been the topic of several research reports. Barclays increased their price target on shares of Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research report on Wednesday. Royal Bank Of Canada upped their price objective on shares of Honeywell International from $211.00 to $226.00 and gave the company a "sector perform" rating in a research note on Wednesday, April 30th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective on the stock in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Eight analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average 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.