Tradewinds LLC. Has $6.62 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Tradewinds LLC. grew its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,276 shares of the conglomerate's stock after acquiring an additional 1,209 shares during the quarter. Honeywell International accounts for 1.9% of Tradewinds LLC.'s holdings, making the stock its 16th biggest position. Tradewinds LLC.'s holdings in Honeywell International were worth $6,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of HON. Capital World Investors acquired a new position in shares of Honeywell International in the 4th quarter valued at approximately $1,594,216,000. GAMMA Investing LLC grew its position in shares of Honeywell International by 20,894.0% in the 1st quarter. GAMMA Investing LLC now owns 1,326,614 shares of the conglomerate's stock valued at $2,809,110,000 after purchasing an additional 1,320,295 shares during the period. Cibc World Markets Corp grew its position in shares of Honeywell International by 411.8% in the 4th quarter. Cibc World Markets Corp now owns 1,265,358 shares of the conglomerate's stock valued at $285,832,000 after purchasing an additional 1,018,099 shares during the period. Demars Financial Group LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at approximately $155,407,000. Finally, Boston Partners grew its position in shares of Honeywell International by 29.2% in the 4th quarter. Boston Partners now owns 2,994,634 shares of the conglomerate's stock valued at $675,986,000 after purchasing an additional 677,213 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. Barclays upped their price target on Honeywell International from $243.00 to $258.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 18th. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a research report on Thursday, May 15th. Mizuho upped their price target on Honeywell International from $235.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Citigroup upped their price target on Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Finally, Bank of America raised 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. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Honeywell International currently has an average rating of "Moderate Buy" and an average target price of $250.29.

Honeywell International Stock Up 0.5%

Shares of Honeywell International stock traded up $1.26 on Friday, reaching $240.52. 1,903,189 shares of the company were exchanged, compared to its average volume of 3,853,027. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company has a market capitalization of $154.57 billion, a price-to-earnings ratio of 27.65, a PEG ratio of 2.75 and a beta of 1.07. 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 50-day moving average of $222.98 and a 200 day moving average of $215.99.

Honeywell International (NASDAQ:HON - Get Free Report) last announced 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. Honeywell International had a return on equity of 36.19% and a net margin of 14.51%. The business had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the firm posted $2.25 EPS. The company's quarterly revenue was up 7.9% on a year-over-year basis. On average, equities research analysts forecast that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Announces Dividend

The firm 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. This represents a $4.52 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Friday, May 16th. Honeywell International's dividend 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.