Honeywell International Inc. (NASDAQ:HON) Stock Holdings Trimmed by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 535,530 shares of the conglomerate's stock after selling 10,477 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.08% of Honeywell International worth $120,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MJP Associates Inc. ADV bought a new position in shares of Honeywell International during the fourth quarter valued at approximately $226,000. Moore Capital Management LP bought a new position in shares of Honeywell International during the fourth quarter valued at approximately $16,525,000. Leigh Baldwin & CO. LLC bought a new position in shares of Honeywell International during the fourth quarter valued at approximately $123,294,000. LRI Investments LLC grew its holdings in shares of Honeywell International by 3.0% during the fourth quarter. LRI Investments LLC now owns 8,903 shares of the conglomerate's stock valued at $2,011,000 after purchasing an additional 259 shares during the last quarter. Finally, Lionshead Wealth Management LLC acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $282,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $213.03 on Monday. Honeywell International Inc. has a one year low of $179.36 and a one year high of $242.77. The stock has a fifty day moving average of $205.26 and a 200-day moving average of $215.34. The company has a market capitalization of $136.91 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.01 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, beating analysts' consensus estimates of $2.21 by $0.30. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. The company had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $9.59 billion. During the same quarter in the prior year, the firm earned $2.25 EPS. The company's quarterly revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 16th will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 2.12%. The ex-dividend date is Friday, May 16th. Honeywell International's dividend payout ratio (DPR) is currently 51.95%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HON. Deutsche Bank Aktiengesellschaft upgraded Honeywell International from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $236.00 to $260.00 in a research report on Friday, February 7th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $205.00 to $178.00 and set a "neutral" rating for the company in a research report on Tuesday, April 8th. Citigroup reduced their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Morgan Stanley boosted their price objective on Honeywell International from $210.00 to $217.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 11th. Finally, Bank of America upgraded Honeywell International from a "neutral" rating to a "buy" rating and set a $250.00 price objective for the company in a research report on Wednesday, May 7th. Nine analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Honeywell International currently has a consensus rating of "Moderate Buy" and a consensus target price of $242.23.

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.

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