Vontobel Holding Ltd. Has $3.86 Million Position in Honeywell International Inc. (NASDAQ:HON)

Vontobel Holding Ltd. decreased its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 13.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,215 shares of the conglomerate's stock after selling 2,802 shares during the period. Vontobel Holding Ltd.'s holdings in Honeywell International were worth $3,857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its stake 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 acquiring an additional 1,582 shares during the period. SRS Capital Advisors Inc. increased its stake in Honeywell International by 47.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 496 shares of the conglomerate's stock worth $112,000 after acquiring an additional 159 shares during the period. SBI Securities Co. Ltd. bought a new position in Honeywell International during the 4th quarter worth $222,000. NewSquare Capital LLC increased its stake in Honeywell International by 3,499.0% during the 4th quarter. NewSquare Capital LLC now owns 3,599 shares of the conglomerate's stock worth $813,000 after acquiring an additional 3,499 shares during the period. Finally, Proficio Capital Partners LLC increased its stake in Honeywell International by 40.8% during the 4th quarter. Proficio Capital Partners LLC now owns 2,635 shares of the conglomerate's stock worth $595,000 after acquiring an additional 764 shares during the period. Institutional investors own 75.91% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on HON. Wall Street Zen raised Honeywell International from a "hold" rating to a "buy" rating in a report on Thursday, May 15th. JPMorgan Chase & Co. raised their target price on Honeywell International from $182.00 to $217.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Wells Fargo & Company raised their target price on Honeywell International from $225.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $226.00 target price on shares of Honeywell International in a report on Wednesday, June 25th. Finally, Bank of America raised Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 target price on the stock in a report on Wednesday, May 7th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $250.29.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $1.26 during mid-day trading on Friday, hitting $240.52. 1,903,189 shares of the stock traded hands, compared to its average volume of 3,853,027. 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 Inc. has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a market cap of $154.57 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.75 and a beta of 1.07. The firm has a 50 day simple moving average of $222.98 and a two-hundred day simple moving average of $215.99.

Honeywell International (NASDAQ:HON - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 earnings per share 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 company had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter last year, the business posted $2.25 EPS. Honeywell International's revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities research analysts forecast that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The business also recently announced 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 was Friday, May 16th. Honeywell International's payout ratio is presently 51.95%.

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.