Public Employees Retirement System of Ohio Has $62.95 Million Position in Honeywell International Inc. (NASDAQ:HON)

Public Employees Retirement System of Ohio cut its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 278,664 shares of the conglomerate's stock after selling 13,019 shares during the period. Public Employees Retirement System of Ohio's holdings in Honeywell International were worth $62,947,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. LaFleur & Godfrey LLC increased its holdings in shares of Honeywell International by 40.7% during the 4th quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock worth $9,550,000 after buying an additional 12,227 shares during the last quarter. Simon Quick Advisors LLC increased its holdings in shares of Honeywell International by 12.3% during the 4th quarter. Simon Quick Advisors LLC now owns 4,374 shares of the conglomerate's stock worth $988,000 after buying an additional 478 shares during the last quarter. Phillips Wealth Planners LLC increased its holdings in shares of Honeywell International by 3.8% during the 4th quarter. Phillips Wealth Planners LLC now owns 3,169 shares of the conglomerate's stock worth $691,000 after buying an additional 117 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Honeywell International by 4.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 286,354 shares of the conglomerate's stock worth $64,685,000 after buying an additional 12,350 shares during the last quarter. Finally, Independent Wealth Network Inc. increased its holdings in shares of Honeywell International by 2.7% during the 4th quarter. Independent Wealth Network Inc. now owns 4,035 shares of the conglomerate's stock worth $911,000 after buying an additional 107 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $4.35 during trading hours on Tuesday, hitting $226.38. The stock had a trading volume of 3,090,637 shares, compared to its average volume of 3,788,240. The stock's fifty day simple moving average is $207.87 and its 200 day simple moving average is $216.25. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The firm has a market capitalization of $145.49 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. The firm had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.59 billion. During the same period last year, the firm posted $2.25 earnings per share. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. Sell-side analysts anticipate that Honeywell International Inc. will post 10.34 earnings per share for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be given a $1.13 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $4.52 annualized dividend and a yield of 2.00%. Honeywell International's dividend payout ratio is 51.95%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HON. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Wells Fargo & Company upped their price target on shares of Honeywell International from $205.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Citigroup decreased their price target on shares of Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Bank of America raised shares of 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, Morgan Stanley upped their price target on shares of Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Eight analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Honeywell International currently has an average rating of "Moderate Buy" and a consensus price target of $245.57.

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.