Czech National Bank Has $31.63 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Czech National Bank grew its position in Honeywell International Inc. (NASDAQ:HON) by 5.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,351 shares of the conglomerate’s stock after buying an additional 8,364 shares during the quarter. Czech National Bank’s holdings in Honeywell International were worth $31,625,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirador Capital Partners LP acquired a new position in shares of Honeywell International in the first quarter worth about $289,000. Sterneck Capital Management LLC boosted its holdings in shares of Honeywell International by 127.7% during the first quarter. Sterneck Capital Management LLC now owns 2,395 shares of the conglomerate’s stock worth $507,000 after purchasing an additional 1,343 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Honeywell International by 33.8% during the first quarter. Fifth Third Wealth Advisors LLC now owns 19,515 shares of the conglomerate’s stock worth $4,132,000 after purchasing an additional 4,928 shares during the period. Cerro Pacific Wealth Advisors LLC boosted its holdings in shares of Honeywell International by 0.6% during the first quarter. Cerro Pacific Wealth Advisors LLC now owns 11,759 shares of the conglomerate’s stock worth $2,656,000 after purchasing an additional 68 shares during the period. Finally, Investors Research Corp boosted its holdings in shares of Honeywell International by 21.3% during the first quarter. Investors Research Corp now owns 416 shares of the conglomerate’s stock worth $88,000 after purchasing an additional 73 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on HON. Citigroup decreased their price target on shares of Honeywell International from $253.00 to $229.00 and set a “buy” rating for the company in a report on Monday, April 14th. Bank of America upgraded shares of Honeywell International from a “neutral” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, May 7th. Wall Street Zen upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. Barclays cut their price objective on shares of Honeywell International from $247.00 to $243.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 30th. Finally, Mizuho raised their price objective on shares of Honeywell International from $235.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 16th. Eight equities research 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $245.57.

Honeywell International Trading Down 0.2%

NASDAQ:HON opened at $224.85 on Friday. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The firm has a market cap of $144.51 billion, a price-to-earnings ratio of 25.82, a P/E/G ratio of 2.51 and a beta of 1.07. The company has a quick ratio of 1.01, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $208.99 and its 200-day moving average is $216.20.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results 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 net margin of 14.82% and a return on equity of 35.78%. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.59 billion. During the same quarter last year, the firm posted $2.25 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Equities analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current year.

Honeywell International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date is Friday, May 16th. Honeywell International’s dividend payout ratio (DPR) is currently 51.95%.

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.