ORG Partners LLC Has $152,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

ORG Partners LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 89.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 713 shares of the conglomerate's stock after selling 6,317 shares during the quarter. ORG Partners LLC's holdings in Honeywell International were worth $152,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Walter & Keenan Wealth Management LLC IN ADV grew its holdings in shares of Honeywell International by 2.2% during the 1st quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 6,615 shares of the conglomerate's stock worth $1,401,000 after purchasing an additional 142 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Honeywell International by 3.1% during the 1st quarter. Blue Trust Inc. now owns 14,340 shares of the conglomerate's stock worth $3,037,000 after purchasing an additional 436 shares in the last quarter. Autumn Glory Partners LLC grew its holdings in shares of Honeywell International by 182.2% during the 1st quarter. Autumn Glory Partners LLC now owns 4,064 shares of the conglomerate's stock worth $861,000 after purchasing an additional 2,624 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Honeywell International by 1.3% during the 1st quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,439 shares of the conglomerate's stock worth $2,616,000 after purchasing an additional 154 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Honeywell International during the 1st quarter worth $1,534,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HON has been the topic of several analyst reports. Citigroup increased their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Mizuho raised their price objective on Honeywell International from $235.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Barclays raised their price objective on Honeywell International from $243.00 to $258.00 and gave the company an "overweight" rating in a research note on Wednesday. Bank of America raised 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, Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $249.21.

Honeywell International Price Performance

Honeywell International stock opened at $221.80 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.95 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $142.55 billion, a PE ratio of 25.49, a P/E/G ratio of 2.59 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The stock has a 50-day moving average price of $216.12 and a two-hundred day moving average price of $215.77.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, topping 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 company had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same period last year, the company earned $2.25 earnings per share. The firm's revenue was up 7.9% compared to the same quarter last year. Analysts expect that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

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

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