Wells Fargo & Company MN lowered its position in Honeywell International Inc. (NYSE:HON) by 3.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,450,997 shares of the conglomerate’s stock after selling 153,312 shares during the period. Wells Fargo & Company MN owned approximately 0.59% of Honeywell International worth $593,274,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Schulhoff & Co. Inc. grew its position in shares of Honeywell International by 1.8% in the 2nd quarter. Schulhoff & Co. Inc. now owns 11,440 shares of the conglomerate’s stock worth $1,524,000 after buying an additional 203 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in shares of Honeywell International by 5.4% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 217,832 shares of the conglomerate’s stock worth $29,184,000 after buying an additional 11,091 shares during the last quarter. Edgestream Partners L.P. grew its position in shares of Honeywell International by 331.4% in the 1st quarter. Edgestream Partners L.P. now owns 13,555 shares of the conglomerate’s stock worth $1,693,000 after buying an additional 10,413 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Honeywell International by 80.2% in the 2nd quarter. Acadian Asset Management LLC now owns 33,290 shares of the conglomerate’s stock worth $4,436,000 after buying an additional 14,816 shares during the last quarter. Finally, Buckingham Capital Management Inc. grew its position in shares of Honeywell International by 3.1% in the 1st quarter. Buckingham Capital Management Inc. now owns 25,462 shares of the conglomerate’s stock worth $3,179,000 after buying an additional 766 shares during the last quarter. 75.20% of the stock is currently owned by hedge funds and other institutional investors.

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Several analysts have weighed in on HON shares. Royal Bank Of Canada boosted their target price on shares of Honeywell International from $148.00 to $156.00 and gave the stock an “outperform” rating in a research report on Monday, October 23rd. Credit Suisse Group reissued a “neutral” rating and set a $150.00 target price (up previously from $141.00) on shares of Honeywell International in a research report on Monday, October 23rd. Citigroup Inc. boosted their target price on shares of Honeywell International from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Vertical Research reissued a “buy” rating on shares of Honeywell International in a research report on Friday, October 20th. Finally, Cowen and Company reissued a “buy” rating and set a $150.00 target price on shares of Honeywell International in a research report on Tuesday, October 10th. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $150.79.

In other news, Director Bradley T. Sheares sold 1,328 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $146.41, for a total transaction of $194,432.48. Following the sale, the director now owns 4,002 shares of the company’s stock, valued at $585,932.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Krishna Mikkilineni sold 13,074 shares of the stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the sale, the vice president now directly owns 104,998 shares in the company, valued at approximately $15,237,309.76. The disclosure for this sale can be found here. Insiders sold 20,242 shares of company stock worth $2,889,943 in the last ninety days. 1.56% of the stock is currently owned by corporate insiders.

Honeywell International Inc. (NYSE:HON) opened at $146.49 on Monday. Honeywell International Inc. has a 1 year low of $111.78 and a 1 year high of $147.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09. The company has a market cap of $111,600.00, a PE ratio of 21.08, a price-to-earnings-growth ratio of 2.25 and a beta of 0.97.

Honeywell International (NYSE:HON) last posted its earnings results on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, meeting the Zacks’ 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 for the quarter, compared to analysts’ expectations of $10.05 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. Honeywell International’s revenue for the quarter was up 3.2% compared to the same quarter last year. equities research analysts forecast that Honeywell International Inc. will post 7.06 EPS for the current fiscal year.

The business also recently announced 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. The ex-dividend date is Thursday, November 16th. This represents a $2.98 dividend on an annualized basis and a yield of 2.03%. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio is presently 45.15%.

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.

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

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