Honeywell International Inc. (NASDAQ:HON) Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 2.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 120,881 shares of the conglomerate's stock after acquiring an additional 2,795 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Honeywell International were worth $25,596,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. grew its position in shares of Honeywell International by 0.5% during the first quarter. Whittier Trust Co. now owns 268,002 shares of the conglomerate's stock worth $56,749,000 after acquiring an additional 1,337 shares during the last quarter. ESG Planning DBA Harper Investing raised its stake in Honeywell International by 33.3% during the 1st quarter. ESG Planning DBA Harper Investing now owns 3,505 shares of the conglomerate's stock valued at $742,000 after acquiring an additional 876 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV lifted its position in Honeywell International by 20.9% during the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 1,935 shares of the conglomerate's stock worth $410,000 after acquiring an additional 334 shares during the period. Prevail Innovative Wealth Advisors LLC grew its stake in shares of Honeywell International by 223.1% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 3,257 shares of the conglomerate's stock valued at $690,000 after purchasing an additional 2,249 shares during the last quarter. Finally, Graybill Wealth Management LTD. acquired a new position in shares of Honeywell International in the first quarter valued at approximately $572,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Trading Down 1.2%

Shares of HON stock traded down $2.76 on Tuesday, reaching $235.30. 2,354,624 shares of the stock were exchanged, compared to its average volume of 3,861,918. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 1.43. The stock has a market cap of $151.22 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 2.71 and a beta of 1.07. The firm has a 50 day moving average of $226.32 and a two-hundred day moving average of $216.29. Honeywell International Inc. has a 1-year low of $179.36 and a 1-year high of $242.77.

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. 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 36.19% and a net margin of 14.51%. The company'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, research analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 16th were issued a dividend of $1.13 per share. The ex-dividend date was Friday, May 16th. This represents a $4.52 annualized dividend and a dividend yield of 1.92%. Honeywell International's payout ratio is currently 51.95%.

Wall Street Analyst Weigh In

HON has been the subject of several recent analyst reports. Barclays raised their target price on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $226.00 price target on shares of Honeywell International in a report on Wednesday, June 25th. Wells Fargo & Company upped their price objective on Honeywell International from $225.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 1st. Citigroup raised their target price on Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Finally, Wall Street Zen upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Eight investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price 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.