Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Telos Capital Management Inc.

Telos Capital Management Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,732 shares of the conglomerate's stock after purchasing an additional 1,958 shares during the quarter. Telos Capital Management Inc.'s holdings in Honeywell International were worth $8,625,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Avalon Trust Co lifted its stake in Honeywell International by 166.7% in the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate's stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Mpwm Advisory Solutions LLC purchased a new position in Honeywell International in the fourth quarter worth approximately $29,000. Accredited Wealth Management LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth approximately $34,000. Curio Wealth LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth approximately $35,000. Finally, Alexis Investment Partners LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

HON traded down $0.84 during trading on Friday, hitting $235.93. The stock had a trading volume of 2,417,149 shares, compared to its average volume of 3,856,139. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.95 and a current ratio of 1.25. The firm has a market capitalization of $151.63 billion, a P/E ratio of 27.12, a PEG ratio of 2.69 and a beta of 1.07. The company's 50-day moving average price is $225.84 and its 200 day moving average price is $216.42. 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 announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.30. The company 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%. Honeywell International's revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.25 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The business also recently declared 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 1.92%. Honeywell International's dividend payout ratio (DPR) is presently 51.95%.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. Royal Bank Of Canada restated a "sector perform" rating and set a $226.00 price objective on shares of Honeywell International in a research report on Wednesday, June 25th. Citigroup boosted their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Mizuho boosted their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Barclays boosted their price objective on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $250.79.

Honeywell International 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.