Honeywell International Inc. (NASDAQ:HON) Shares Sold by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,761 shares of the conglomerate's stock after selling 2,485 shares during the period. Honeywell International comprises about 2.6% of Mcdaniel Terry & Co.'s portfolio, making the stock its 17th largest position. Mcdaniel Terry & Co.'s holdings in Honeywell International were worth $29,171,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. World Investment Advisors lifted its position in shares of Honeywell International by 137.7% during the fourth quarter. World Investment Advisors now owns 22,387 shares of the conglomerate's stock valued at $5,057,000 after buying an additional 12,969 shares during the last quarter. Coordinated Financial Services Inc. purchased a new stake in shares of Honeywell International during the fourth quarter valued at about $361,000. Schroder Investment Management Group lifted its position in shares of Honeywell International by 12.7% during the fourth 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. purchased a new stake in shares of Honeywell International during the fourth quarter valued at about $435,786,000. Finally, Dynasty Wealth Management LLC lifted its position in shares of Honeywell International by 52.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 11,330 shares of the conglomerate's stock valued at $2,559,000 after buying an additional 3,879 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HON has been the subject of several analyst reports. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Citigroup increased their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Barclays increased their price objective on shares of Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research report on Wednesday, June 18th. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a research report on Wednesday, May 7th. Finally, Wells Fargo & Company increased their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 30th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $249.21.

Honeywell International Stock Performance

NASDAQ:HON traded up $2.47 during midday trading on Friday, hitting $228.85. The company's stock had a trading volume of 4,994,254 shares, compared to its average volume of 3,822,945. Honeywell International Inc. has a fifty-two week low of $179.36 and a fifty-two week high of $242.77. The firm's 50 day moving average is $218.94 and its 200-day moving average is $215.71. 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 $147.08 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.67 and a beta of 1.08.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. The business had revenue of $9.82 billion for 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 business's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $2.25 EPS. Equities analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 16th were paid a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.98%. Honeywell International's payout ratio is 51.95%.

About Honeywell International

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.