Wimmer Associates 1 LLC cut its stake in shares of Honeywell International Inc. (NYSE:HON) by 0.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,170 shares of the conglomerate’s stock after selling 15 shares during the period. Wimmer Associates 1 LLC’s holdings in Honeywell International were worth $271,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Lodestar Investment Counsel LLC IL boosted its stake in shares of Honeywell International by 17.3% in the first quarter. Lodestar Investment Counsel LLC IL now owns 4,573 shares of the conglomerate’s stock valued at $571,000 after buying an additional 674 shares during the last quarter. Reliance Trust Co. of Delaware boosted its stake in shares of Honeywell International by 66.5% in the first quarter. Reliance Trust Co. of Delaware now owns 21,609 shares of the conglomerate’s stock valued at $2,698,000 after buying an additional 8,629 shares during the last quarter. Reilly Financial Advisors LLC boosted its stake in shares of Honeywell International by 11.5% in the first quarter. Reilly Financial Advisors LLC now owns 12,142 shares of the conglomerate’s stock valued at $1,516,000 after buying an additional 1,257 shares during the last quarter. First United Bank Trust boosted its stake in shares of Honeywell International by 2.7% in the first quarter. First United Bank Trust now owns 19,046 shares of the conglomerate’s stock valued at $2,378,000 after buying an additional 495 shares during the last quarter. Finally, Washington Trust Bank boosted its stake in shares of Honeywell International by 5.0% in the first quarter. Washington Trust Bank now owns 7,480 shares of the conglomerate’s stock valued at $934,000 after buying an additional 355 shares during the last quarter. 75.89% of the stock is owned by institutional investors and hedge funds.

Shares of Honeywell International Inc. (HON) traded up 0.04% on Thursday, hitting $138.10. The stock had a trading volume of 393,829 shares. Honeywell International Inc. has a 52 week low of $105.25 and a 52 week high of $140.21. The stock’s 50-day moving average price is $136.74 and its 200 day moving average price is $130.72. The company has a market cap of $105.03 billion, a PE ratio of 21.41 and a beta of 0.94.

Honeywell International (NYSE:HON) last announced its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.02. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.89 billion. During the same period in the prior year, the company earned $1.70 earnings per share. Honeywell International’s revenue was up .9% compared to the same quarter last year. On average, analysts predict that Honeywell International Inc. will post $7.09 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be issued a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, August 16th. Honeywell International’s dividend payout ratio (DPR) is 41.24%.

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Several brokerages recently commented on HON. BidaskClub raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, August 6th. Cowen and Company reissued an “outperform” rating and issued a $150.00 price target (up previously from $140.00) on shares of Honeywell International in a research note on Tuesday, August 8th. Morgan Stanley boosted their price target on Honeywell International from $141.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, August 16th. Zacks Investment Research raised Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a research note on Thursday, August 17th. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $139.00 price target (up previously from $131.00) on shares of Honeywell International in a research note on Tuesday, July 25th. Two analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $141.18.

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 $1,350,497.91. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Thomas A. Szlosek sold 803 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $137.02, for a total value of $110,027.06. Following the transaction, the chief financial officer now directly owns 5,702 shares of the company’s stock, valued at $781,288.04. The disclosure for this sale can be found here. Over the last three months, insiders have sold 354,108 shares of company stock valued at $48,886,463. 1.56% of the stock is owned by corporate insiders.

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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