J. L. Bainbridge & Co. Inc. Has $237,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

J. L. Bainbridge & Co. Inc. trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 73.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,121 shares of the conglomerate’s stock after selling 3,049 shares during the quarter. J. L. Bainbridge & Co. Inc.’s holdings in Honeywell International were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HON. Mainstream Capital Management LLC acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $25,000. Avalon Trust Co increased its position in Honeywell International by 166.7% during the fourth quarter. Avalon Trust Co now owns 120 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 75 shares during the period. Mpwm Advisory Solutions LLC acquired a new position in Honeywell International during the 4th quarter valued at $29,000. Accredited Wealth Management LLC bought a new stake in Honeywell International in the 4th quarter valued at $34,000. Finally, Curio Wealth LLC bought a new position in shares of Honeywell International during the 4th quarter worth about $35,000. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HON has been the topic of several research reports. Citigroup boosted their price target on Honeywell International from $242.00 to $265.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. JPMorgan Chase & Co. boosted their price objective on Honeywell International from $182.00 to $217.00 and gave the company a “neutral” rating in a research report on Friday, May 16th. Barclays raised their target price on Honeywell International from $243.00 to $258.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 18th. 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. Finally, Wells Fargo & Company increased their price objective on shares of Honeywell International from $205.00 to $225.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average target price of $249.21.

Honeywell International Price Performance

NASDAQ:HON opened at $228.85 on Friday. 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 firm has a market cap of $147.08 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 2.64 and a beta of 1.08. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company’s 50-day moving average price is $218.94 and its two-hundred day moving average price is $215.80.

Honeywell International (NASDAQ:HON) last announced its earnings results on Tuesday, April 29th. The conglomerate reported $2.51 EPS for the quarter, topping 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 business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.59 billion. During the same period in the previous year, the business earned $2.25 EPS. Honeywell International’s revenue was up 7.9% compared to the same quarter last year. On average, equities analysts anticipate 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. Stockholders of record on Friday, May 16th were paid a $1.13 dividend. The ex-dividend date was Friday, May 16th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.98%. Honeywell International’s dividend payout ratio (DPR) 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.