Contravisory Investment Management Inc. lowered its position in Honeywell International Inc. (NYSE:HON) by 4.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,417 shares of the company’s stock after selling 2,289 shares during the period. Contravisory Investment Management Inc.’s holdings in Honeywell International were worth $6,111,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. American National Bank boosted its stake in shares of Honeywell International by 112.0% in the second quarter. American National Bank now owns 956 shares of the company’s stock worth $111,000 after buying an additional 505 shares during the last quarter. First Personal Financial Services boosted its stake in shares of Honeywell International by 128.1% in the second quarter. First Personal Financial Services now owns 974 shares of the company’s stock worth $113,000 after buying an additional 547 shares during the last quarter. Bruderman Asset Management LLC boosted its stake in shares of Honeywell International by 19.6% in the second quarter. Bruderman Asset Management LLC now owns 1,048 shares of the company’s stock worth $122,000 after buying an additional 172 shares during the last quarter. Cable Hill Partners LLC boosted its stake in shares of Honeywell International by 364.0% in the second quarter. Cable Hill Partners LLC now owns 1,109 shares of the company’s stock worth $130,000 after buying an additional 870 shares during the last quarter. Finally, Tortoise Investment Management LLC boosted its stake in shares of Honeywell International by 78.2% in the second quarter. Tortoise Investment Management LLC now owns 1,367 shares of the company’s stock worth $159,000 after buying an additional 600 shares during the last quarter. 75.10% of the stock is owned by hedge funds and other institutional investors.

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

Honeywell International Inc. (NYSE:HON) traded down 0.28% during trading on Monday, hitting $113.85. The company’s stock had a trading volume of 2,615,120 shares. The firm has a market cap of $86.77 billion, a P/E ratio of 17.82 and a beta of 0.94. The firm has a 50 day moving average of $110.08 and a 200 day moving average of $114.32. Honeywell International Inc. has a 12 month low of $93.71 and a 12 month high of $120.02.

Honeywell International (NYSE:HON) last released its earnings results on Friday, October 21st. The company reported $1.67 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.70 by $0.03. The firm earned $9.80 billion during the quarter, compared to the consensus estimate of $9.78 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.47%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.60 EPS. Equities research analysts predict that Honeywell International Inc. will post $6.60 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Friday, November 18th will be given a $0.665 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $2.66 dividend on an annualized basis and a yield of 2.33%. Honeywell International’s payout ratio is presently 42.09%.

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HON has been the subject of several recent analyst reports. Vetr raised shares of Honeywell International from a “buy” rating to a “strong-buy” rating and set a $132.24 price objective for the company in a research report on Wednesday, November 16th. Zacks Investment Research raised shares of Honeywell International from a “sell” rating to a “hold” rating in a research report on Friday, October 28th. Argus reaffirmed a “buy” rating on shares of Honeywell International in a research report on Monday, October 24th. Barclays PLC set a $128.00 price objective on shares of Honeywell International and gave the stock a “buy” rating in a research report on Wednesday, October 12th. Finally, Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $122.00 price objective (down previously from $128.00) on shares of Honeywell International in a research report on Wednesday, October 12th. Three equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $125.48.

In related news, Director Bradley T. Sheares sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $109.99, for a total value of $329,970.00. Following the completion of the sale, the director now owns 7,288 shares in the company, valued at approximately $801,607.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.83% of the stock is owned by corporate insiders.

Honeywell International Company Profile

Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

5 Day Chart for NYSE:HON

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