Boulegeris Investments Inc. boosted its stake in Honeywell International Inc. (NYSE:HON) by 2.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,810 shares of the conglomerate’s stock after buying an additional 531 shares during the quarter. Honeywell International makes up approximately 1.7% of Boulegeris Investments Inc.’s portfolio, making the stock its 13th largest holding. Boulegeris Investments Inc.’s holdings in Honeywell International were worth $3,040,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Hanson McClain Inc. lifted its stake in Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. Burt Wealth Advisors lifted its stake in Honeywell International by 65.4% in the 2nd quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after buying an additional 300 shares in the last quarter. Guidant Wealth Advisors lifted its stake in Honeywell International by 15.8% in the 2nd quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after buying an additional 104 shares in the last quarter. Mosaic Family Wealth LLC lifted its stake in Honeywell International by 11.4% in the 2nd quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after buying an additional 78 shares in the last quarter. Finally, Jolley Asset Management LLC lifted its stake in Honeywell International by 6.9% in the 2nd quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock valued at $103,000 after buying an additional 50 shares in the last quarter. 75.99% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have commented on HON shares. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a report on Thursday, August 17th. Deutsche Bank AG reiterated a “buy” rating and issued a $154.00 price objective on shares of Honeywell International in a report on Thursday, September 21st. Royal Bank Of Canada increased their price objective on shares of Honeywell International from $148.00 to $156.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 price objective on shares of Honeywell International in a report on Thursday, September 28th. Finally, Oppenheimer Holdings, Inc. increased their price objective on shares of Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a report on Monday, July 24th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. Honeywell International currently has an average rating of “Buy” and an average target price of $150.79.

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In other news, VP Krishna Mikkilineni sold 13,074 shares of Honeywell International stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the completion of the sale, the vice president now directly owns 104,998 shares of the company’s stock, valued at approximately $15,237,309.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Rajeev Gautam sold 5,840 shares of Honeywell International stock in a transaction 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 $2,268,477.96. The disclosure for this sale can be found here. Company insiders own 1.56% of the company’s stock.

Honeywell International Inc. (NYSE HON) opened at $146.97 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09. Honeywell International Inc. has a 1 year low of $109.45 and a 1 year high of $147.00. The company has a market cap of $110,921.40, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 2.23 and a beta of 0.97.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The company had revenue of $10.12 billion during the quarter, compared to analysts’ expectations of $10.05 billion. During the same quarter last year, the company posted $1.60 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. equities research analysts forecast that Honeywell International Inc. will post 7.06 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be given a $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Thursday, November 16th. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio (DPR) is currently 40.30%.

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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