Grandfield & Dodd LLC lifted its position in Honeywell International Inc. (NYSE:HON) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,778 shares of the conglomerate’s stock after purchasing an additional 338 shares during the period. Grandfield & Dodd LLC’s holdings in Honeywell International were worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its position in shares of Honeywell International by 8.8% during the first quarter. Ameriprise Financial Inc. now owns 9,594,726 shares of the conglomerate’s stock worth $1,198,584,000 after purchasing an additional 773,734 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in Honeywell International by 69.2% in the 1st quarter. Clearbridge Investments LLC now owns 5,171,598 shares of the conglomerate’s stock worth $645,777,000 after purchasing an additional 2,114,627 shares in the last quarter. Swiss National Bank lifted its holdings in Honeywell International by 27.4% in the 1st quarter. Swiss National Bank now owns 2,565,473 shares of the conglomerate’s stock worth $320,351,000 after purchasing an additional 552,100 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Honeywell International by 4.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 2,343,756 shares of the conglomerate’s stock worth $292,665,000 after purchasing an additional 106,870 shares in the last quarter. Finally, AGF Investments Inc. lifted its holdings in Honeywell International by 5.5% in the 1st quarter. AGF Investments Inc. now owns 2,044,066 shares of the conglomerate’s stock worth $255,029,000 after purchasing an additional 105,943 shares in the last quarter. 75.77% of the stock is owned by hedge funds and other institutional investors.

Several analysts have commented on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 price target on shares of Honeywell International in a research note on Thursday, September 28th. Morgan Stanley increased 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, September 22nd. Deutsche Bank AG restated a “buy” rating and set a $154.00 price objective on shares of Honeywell International in a research report on Thursday, September 21st. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a research report on Thursday, September 21st. Finally, Royal Bank Of Canada set a $148.00 target price on Honeywell International and gave the stock a “buy” rating in a report on Sunday, August 27th. One research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company. Honeywell International presently has an average rating of “Buy” and an average target price of $142.22.

Honeywell International Inc. (NYSE HON) opened at 142.67 on Wednesday. Honeywell International Inc. has a one year low of $105.25 and a one year high of $143.15. The company has a market capitalization of $108.51 billion, a P/E ratio of 22.12 and a beta of 0.95. The company’s 50-day moving average is $138.33 and its 200 day moving average is $133.46. Honeywell International also saw unusually large options trading activity on Monday. Stock investors bought 4,975 put options on the company. This is an increase of 394% compared to the average volume of 1,008 put options.

Honeywell International (NYSE:HON) last posted its earnings results 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 net margin of 12.68% and a return on equity of 26.60%. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.89 billion. During the same period in the previous year, the business posted $1.70 EPS. Honeywell International’s revenue was up .9% on a year-over-year basis. On average, equities analysts anticipate that Honeywell International Inc. will post $7.09 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.745 per share. The ex-dividend date is Thursday, November 16th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.09%. This is an increase from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio (DPR) is currently 41.24%.

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In related news, insider Timothy O. Mahoney sold 341,701 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $138.08, for a total value of $47,182,074.08. Following the completion of the transaction, the insider now directly owns 294,155 shares in the company, valued at $40,616,922.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jennifer H. Mak sold 420 shares of the stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $136.66, for a total value of $57,397.20. Following the completion of the transaction, the vice president now owns 1,363 shares of the company’s stock, valued at $186,267.58. The disclosure for this sale can be found here. Insiders have sold a total of 354,108 shares of company stock valued at $48,886,463 in the last 90 days. Insiders own 1.56% of the company’s stock.

About Honeywell International

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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