Zions Bancorporation lessened its holdings in shares of Honeywell International Inc. (NYSE:HON) by 24.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 992 shares of the conglomerate’s stock after selling 327 shares during the period. Zions Bancorporation’s holdings in Honeywell International were worth $123,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Crestwood Advisors Group LLC purchased a new stake in Honeywell International during the 1st quarter valued at about $100,000. Hanson McClain Inc. grew its stake in Honeywell International by 0.4% during the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after acquiring an additional 3 shares in the last quarter. MCF Advisors LLC grew its stake in Honeywell International by 55.8% during the 1st quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after acquiring an additional 335 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in Honeywell International by 12.6% during the 1st quarter. SRS Capital Advisors Inc. now owns 1,112 shares of the conglomerate’s stock valued at $138,000 after acquiring an additional 124 shares in the last quarter. Finally, Assetmark Inc. grew its stake in Honeywell International by 30.2% during the 1st quarter. Assetmark Inc. now owns 1,225 shares of the conglomerate’s stock valued at $153,000 after acquiring an additional 284 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

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Several analysts recently issued reports on HON shares. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $151.00 price objective for the company in a research note on Thursday, July 20th. Morgan Stanley reaffirmed an “overweight” rating and set a $141.00 price objective (up previously from $137.00) on shares of Honeywell International in a research note on Thursday, June 22nd. BidaskClub raised shares of Honeywell International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. HSBC Holdings plc started coverage on shares of Honeywell International in a research note on Wednesday, June 21st. They set a “buy” rating and a $147.00 price objective for the company. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $155.00 price objective (up previously from $141.00) on shares of Honeywell International in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $141.18.

Shares of Honeywell International Inc. (HON) traded down 0.29% during trading on Wednesday, hitting $138.28. 605,175 shares of the stock traded hands. The firm has a market cap of $105.17 billion, a PE ratio of 21.44 and a beta of 0.94. Honeywell International Inc. has a 52-week low of $105.25 and a 52-week high of $140.21. The company’s 50 day moving average is $137.46 and its 200 day moving average is $131.88.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 18th were given a $0.665 dividend. This represents a $2.66 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend was Wednesday, August 16th. Honeywell International’s dividend payout ratio (DPR) is presently 41.24%.

In related news, VP Jennifer H. Mak sold 420 shares of Honeywell International stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $136.66, for a total transaction of $57,397.20. Following the completion of the sale, the vice president now owns 1,363 shares of the company’s stock, valued at $186,267.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Timothy O. Mahoney sold 341,701 shares of Honeywell International stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $138.08, for a total value of $47,182,074.08. Following the sale, the insider now directly owns 294,155 shares of the company’s stock, valued at approximately $40,616,922.40. The disclosure for this sale can be found here. Insiders have sold 354,108 shares of company stock valued at $48,886,463 in the last three months. 1.56% of the stock is owned by corporate insiders.

Honeywell International 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.

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

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