DAGCO Inc. cut its holdings in shares of Honeywell International Inc. (NYSE:HON) by 29.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,670 shares of the conglomerate’s stock after selling 1,140 shares during the quarter. DAGCO Inc.’s holdings in Honeywell International were worth $580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in HON. Pegasus Asset Management Inc. lifted its holdings in Honeywell International by 0.8% during the first quarter. Pegasus Asset Management Inc. now owns 5,932 shares of the conglomerate’s stock worth $1,288,000 after buying an additional 46 shares during the period. Charles Schwab Trust Co increased its holdings in shares of Honeywell International by 3.8% during the fourth quarter. Charles Schwab Trust Co now owns 1,308 shares of the conglomerate’s stock valued at $278,000 after acquiring an additional 48 shares in the last quarter. Coho Partners Ltd. lifted its stake in shares of Honeywell International by 0.8% during the first quarter. Coho Partners Ltd. now owns 6,080 shares of the conglomerate’s stock worth $1,320,000 after buying an additional 49 shares during the period. Triton Wealth Management PLLC grew its holdings in shares of Honeywell International by 0.3% during the fourth quarter. Triton Wealth Management PLLC now owns 14,497 shares of the conglomerate’s stock valued at $3,022,000 after buying an additional 50 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its position in Honeywell International by 3.4% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,540 shares of the conglomerate’s stock worth $330,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 75.97% of the company’s stock.

HON stock traded down $1.59 during mid-day trading on Tuesday, reaching $221.61. 19,027 shares of the stock traded hands, compared to its average volume of 2,788,387. The company has a current ratio of 1.64, a quick ratio of 1.37 and a debt-to-equity ratio of 0.97. The company has a market cap of $153.92 billion, a P/E ratio of 32.02, a P/E/G ratio of 3.41 and a beta of 1.13. Honeywell International Inc. has a 52-week low of $117.11 and a 52-week high of $232.35. The stock’s fifty day moving average is $221.11 and its 200-day moving average is $206.17.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, April 22nd. The conglomerate reported $1.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.12. The business had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.07 billion. Honeywell International had a return on equity of 27.69% and a net margin of 14.99%. Honeywell International’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.21 earnings per share. Equities research analysts expect that Honeywell International Inc. will post 7.03 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 4th. Investors of record on Friday, May 14th will be paid a $0.93 dividend. The ex-dividend date is Thursday, May 13th. This represents a $3.72 annualized dividend and a dividend yield of 1.68%. Honeywell International’s payout ratio is 45.59%.

HON has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and increased their price target for the stock from $222.00 to $244.00 in a report on Wednesday, April 14th. Barclays upped their price target on shares of Honeywell International from $230.00 to $245.00 and gave the company an “overweight” rating in a report on Monday. Morgan Stanley lifted their price target on Honeywell International from $230.00 to $246.00 and gave the company an “equal weight” rating in a research report on Monday. JPMorgan Chase & Co. boosted their target price on shares of Honeywell International from $200.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, April 15th. Finally, UBS Group lifted their price target on Honeywell International from $180.00 to $216.00 and gave the company a “neutral” rating in a research note on Friday, January 15th. They noted that the move was a valuation call. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $221.00.

In other Honeywell International news, VP Anne T. Madden sold 8,885 shares of the business’s stock in a transaction that occurred on Thursday, April 29th. The shares were sold at an average price of $223.22, for a total value of $1,983,309.70. Following the completion of the sale, the vice president now directly owns 50,658 shares of the company’s stock, valued at $11,307,878.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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; thermal systems; and connected solutions and data services for aftermarket, as well as wireless connectivity, and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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