TruNorth Capital Management LLC Has $498,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

TruNorth Capital Management LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 683.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,350 shares of the conglomerate's stock after buying an additional 2,050 shares during the quarter. TruNorth Capital Management LLC's holdings in Honeywell International were worth $498,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Platform Technology Partners grew its stake in Honeywell International by 2.1% during the first quarter. Platform Technology Partners now owns 5,215 shares of the conglomerate's stock worth $1,104,000 after buying an additional 109 shares during the last quarter. BankPlus Trust Department grew its stake in Honeywell International by 1.9% during the first quarter. BankPlus Trust Department now owns 4,485 shares of the conglomerate's stock worth $950,000 after buying an additional 85 shares during the last quarter. Arizona State Retirement System grew its stake in Honeywell International by 1.4% during the first quarter. Arizona State Retirement System now owns 190,752 shares of the conglomerate's stock worth $40,392,000 after buying an additional 2,671 shares during the last quarter. Ballentine Partners LLC grew its stake in Honeywell International by 1.3% during the first quarter. Ballentine Partners LLC now owns 23,902 shares of the conglomerate's stock worth $5,061,000 after buying an additional 309 shares during the last quarter. Finally, Fort Sheridan Advisors LLC grew its stake in Honeywell International by 1.4% during the first quarter. Fort Sheridan Advisors LLC now owns 11,680 shares of the conglomerate's stock worth $2,473,000 after buying an additional 156 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Up 0.7%

Shares of Honeywell International stock traded up $1.58 on Wednesday, hitting $236.88. 2,823,564 shares of the company's stock traded hands, compared to its average volume of 3,861,299. The firm's 50-day moving average price is $226.82 and its two-hundred day moving average price is $216.42. The stock has a market capitalization of $152.24 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 2.67 and a beta of 1.07. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.25 and a quick ratio of 0.95.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating the consensus estimate of $2.21 by $0.30. The company had revenue of $9.82 billion during 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%. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.25 EPS. On average, research analysts expect that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 6th. Shareholders of record on Friday, May 16th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Friday, May 16th. Honeywell International's payout ratio is 51.95%.

Analyst Ratings Changes

Several research firms have recently commented on HON. Bank of America raised shares of Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price target on the stock in a research note on Wednesday, May 7th. Wall Street Zen raised shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Citigroup increased their price target on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Wells Fargo & Company increased their price target on shares of Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 1st. Finally, JPMorgan Chase & Co. increased their price target on shares of Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $250.79.

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.