Honeywell International Inc. (HON) Shares Bought by MEMBERS Trust Co

MEMBERS Trust Co boosted its position in shares of Honeywell International Inc. (NYSE:HON) by 11.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,415 shares of the conglomerate’s stock after buying an additional 359 shares during the period. MEMBERS Trust Co’s holdings in Honeywell International were worth $455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Mosaic Family Wealth LLC grew its stake in shares of Honeywell International by 11.4% in the 2nd quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 78 shares during the last quarter. Guidant Wealth Advisors grew its stake in shares of Honeywell International by 15.8% in the 2nd quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 104 shares during the last quarter. Jolley Asset Management LLC grew its stake in shares of Honeywell International by 6.9% in the 2nd quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock valued at $103,000 after purchasing an additional 50 shares during the last quarter. CKW Financial Group purchased a new position in shares of Honeywell International in the 2nd quarter valued at approximately $108,000. Finally, Hanson McClain Inc. grew its stake in shares of Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 3 shares during the last quarter. 75.93% of the stock is currently owned by institutional investors.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.75. Honeywell International had a return on equity of 26.26% and a net margin of 12.85%. The business had revenue of $10.12 billion during the quarter, compared to analyst estimates of $10.05 billion. During the same period in the prior year, the company posted $1.60 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be issued a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a yield of 2.07%. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, November 16th. Honeywell International’s dividend payout ratio is 40.30%.

In other Honeywell International news, Director Linnet F. Deily sold 4,344 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $138.47, for a total transaction of $601,513.68. Following the completion of the transaction, the director now directly owns 9,753 shares of the company’s stock, valued at approximately $1,350,497.91. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Rajeev Gautam sold 5,840 shares of the stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $136.68, for a total value of $798,211.20. Following the transaction, the insider now directly owns 16,597 shares of the company’s stock, valued at $2,268,477.96. The disclosure for this sale can be found here. Corporate insiders own 1.56% of the company’s stock.

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HON has been the topic of several analyst reports. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research note on Thursday, August 17th. Deutsche Bank AG reiterated a “buy” rating and issued a $154.00 target price on shares of Honeywell International in a research note on Thursday, September 21st. Royal Bank Of Canada lifted their target price on Honeywell International from $148.00 to $156.00 and gave the company an “outperform” rating in a research note on Monday, October 23rd. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 target price on shares of Honeywell International in a research note on Thursday, September 28th. Finally, Oppenheimer Holdings, Inc. lifted their target price on Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. Honeywell International currently has a consensus rating of “Buy” and an average target price of $150.79.

Honeywell International Company Profile

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

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

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