Honeywell International Inc. (HON) Stake Lifted by Horizon Investments LLC

Horizon Investments LLC boosted its stake in shares of Honeywell International Inc. (NYSE:HON) by 64.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,585 shares of the conglomerate’s stock after buying an additional 4,552 shares during the quarter. Horizon Investments LLC’s holdings in Honeywell International were worth $1,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of HON. Schulhoff & Co. Inc. increased its position in shares of Honeywell International by 1.8% in the second quarter. Schulhoff & Co. Inc. now owns 11,440 shares of the conglomerate’s stock worth $1,524,000 after acquiring an additional 203 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in Honeywell International by 5.4% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 217,832 shares of the conglomerate’s stock valued at $29,184,000 after purchasing an additional 11,091 shares in the last quarter. Edgestream Partners L.P. grew its holdings in Honeywell International by 331.4% during the 1st quarter. Edgestream Partners L.P. now owns 13,555 shares of the conglomerate’s stock valued at $1,693,000 after purchasing an additional 10,413 shares in the last quarter. Acadian Asset Management LLC boosted its stake in Honeywell International by 80.2% during the 2nd quarter. Acadian Asset Management LLC now owns 33,290 shares of the conglomerate’s stock valued at $4,436,000 after acquiring an additional 14,816 shares during the last quarter. Finally, Buckingham Capital Management Inc. boosted its stake in Honeywell International by 3.1% during the 1st quarter. Buckingham Capital Management Inc. now owns 25,462 shares of the conglomerate’s stock valued at $3,179,000 after acquiring an additional 766 shares during the last quarter. Institutional investors own 76.04% of the company’s stock.

In other news, VP Krishna Mikkilineni sold 13,074 shares of Honeywell International stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $145.12, for a total value of $1,897,298.88. Following the transaction, the vice president now owns 104,998 shares of the company’s stock, valued at $15,237,309.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Bradley T. Sheares sold 1,328 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total transaction of $194,432.48. Following the transaction, the director now directly owns 4,002 shares in the company, valued at approximately $585,932.82. The disclosure for this sale can be found here. 1.56% of the stock is owned by insiders.

A number of research analysts have recently issued reports on the stock. Cowen restated a “buy” rating and issued a $150.00 price target on shares of Honeywell International in a research report on Tuesday, October 10th. Vertical Research reiterated a “buy” rating on shares of Honeywell International in a research report on Friday, October 20th. Citigroup lifted their price objective on shares of Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Jefferies Group reiterated a “buy” rating and issued a $155.00 price objective on shares of Honeywell International in a research report on Tuesday, August 22nd. Finally, Royal Bank Of Canada set a $148.00 price objective on shares of Honeywell International and gave the company a “buy” rating in a research report on Sunday, August 27th. Two equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $151.92.

Honeywell International Inc. (HON) traded down $0.63 during mid-day trading on Tuesday, hitting $153.77. 3,250,400 shares of the company traded hands, compared to its average volume of 2,712,713. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35. The firm has a market capitalization of $117,625.43, a PE ratio of 22.22, a P/E/G ratio of 2.37 and a beta of 0.99. Honeywell International Inc. has a twelve month low of $112.66 and a twelve month high of $156.70.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, hitting the consensus estimate of $1.75. The business had revenue of $10.12 billion during the quarter, compared to analysts’ expectations of $10.05 billion. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $1.60 earnings per share. analysts predict that Honeywell International Inc. will post 7.06 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be paid a $0.745 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. This represents a $2.98 dividend on an annualized basis and a yield of 1.94%. Honeywell International’s payout ratio is 45.15%.

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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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