Pennsylvania Trust Co lifted its holdings in Honeywell International Inc. (NYSE:HON) by 31.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 132,612 shares of the conglomerate’s stock after purchasing an additional 32,021 shares during the period. Honeywell International makes up 0.9% of Pennsylvania Trust Co’s holdings, making the stock its 25th biggest holding. Pennsylvania Trust Co’s holdings in Honeywell International were worth $17,680,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Hanson McClain Inc. grew its holdings in shares of Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 3 shares in the last quarter. MCF Advisors LLC grew its holdings in shares of Honeywell International by 55.8% in the first quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after purchasing an additional 335 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of Honeywell International by 56.7% in the first quarter. Proficio Capital Partners LLC now owns 940 shares of the conglomerate’s stock valued at $124,000 after purchasing an additional 340 shares in the last quarter. SRS Capital Advisors Inc. grew its holdings in shares of Honeywell International by 12.6% in the first quarter. SRS Capital Advisors Inc. now owns 1,112 shares of the conglomerate’s stock valued at $138,000 after purchasing an additional 124 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Honeywell International by 30.2% in the first quarter. Assetmark Inc. now owns 1,225 shares of the conglomerate’s stock valued at $153,000 after purchasing an additional 284 shares in the last quarter. Hedge funds and other institutional investors own 75.77% of the company’s stock.

A number of research analysts recently weighed in on the stock. Morgan Stanley lifted their price objective on shares of Honeywell International from $145.00 to $149.00 and gave the company an “overweight” rating in a report on Friday. Deutsche Bank AG restated a “buy” rating and issued a $154.00 price objective on shares of Honeywell International in a report on Thursday. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a report on Thursday. Royal Bank Of Canada set a $148.00 price objective on shares of Honeywell International and gave the company a “buy” rating in a report on Sunday, August 27th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $155.00 price target on shares of Honeywell International in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $142.22.

In other news, insider Timothy O. Mahoney sold 341,701 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $138.08, for a total transaction of $47,182,074.08. Following the completion of the sale, the insider now owns 294,155 shares of the company’s stock, valued at $40,616,922.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Rajeev Gautam sold 5,840 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $136.68, for a total transaction of $798,211.20. Following the sale, the insider now directly owns 16,597 shares of the company’s stock, valued at approximately $2,268,477.96. 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. Corporate insiders own 1.56% of the company’s stock.

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Shares of Honeywell International Inc. (HON) traded up 0.63% during mid-day trading on Friday, hitting $141.75. 2,917,230 shares of the stock traded hands. Honeywell International Inc. has a one year low of $105.25 and a one year high of $142.06. The stock has a 50-day moving average of $137.60 and a 200 day moving average of $132.42. The stock has a market cap of $107.81 billion, a PE ratio of 21.98 and a beta of 0.94.

Honeywell International (NYSE:HON) last released its quarterly earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The business had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter last year, the company earned $1.70 earnings per share. The business’s quarterly revenue was up .9% compared to the same quarter last year. Equities analysts predict that Honeywell International Inc. will post $7.09 EPS for the current fiscal 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 dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Wednesday, August 16th. Honeywell International’s payout ratio is currently 41.24%.

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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