Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. boosted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 31.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 12,516 shares of the conglomerate's stock after acquiring an additional 3,019 shares during the period. Thurston Springer Miller Herd & Titak Inc.'s holdings in Honeywell International were worth $2,650,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HON. LaFleur & Godfrey LLC raised its holdings in shares of Honeywell International by 40.7% in the 4th quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate's stock worth $9,550,000 after purchasing an additional 12,227 shares during the period. Brighton Jones LLC increased its position in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate's stock worth $4,302,000 after purchasing an additional 1,582 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in Honeywell International in the fourth quarter valued at approximately $21,525,000. Optas LLC lifted its position in Honeywell International by 21.6% during the fourth quarter. Optas LLC now owns 1,215 shares of the conglomerate's stock valued at $274,000 after buying an additional 216 shares in the last quarter. Finally, Avitas Wealth Management LLC grew its stake in Honeywell International by 0.7% during the fourth quarter. Avitas Wealth Management LLC now owns 22,141 shares of the conglomerate's stock worth $5,001,000 after buying an additional 144 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Honeywell International from $205.00 to $225.00 and gave the company an "equal weight" rating in a report on Wednesday, April 30th. Citigroup upped their target price on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday. Barclays dropped their target price on Honeywell International from $247.00 to $243.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Royal Bank of Canada upped their price target on Honeywell International from $211.00 to $226.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 30th. Finally, Bank of America upgraded 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. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Honeywell International has an average rating of "Moderate Buy" and an average price target of $248.14.

Honeywell International Stock Up 0.9%

NASDAQ:HON traded up $2.11 during mid-day trading on Friday, reaching $228.78. The stock had a trading volume of 2,215,743 shares, compared to its average volume of 3,816,947. The stock's 50 day simple moving average is $210.13 and its two-hundred day simple moving average is $216.21. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77. The company has a market capitalization of $147.03 billion, a price-to-earnings ratio of 26.27, a price-to-earnings-growth ratio of 2.51 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The business's revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.25 EPS. Equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 16th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is presently 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.