NS Partners Ltd boosted its holdings in shares of Honeywell International Inc. (NYSE:HON) by 26.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,107 shares of the conglomerate’s stock after acquiring an additional 28,421 shares during the period. Honeywell International makes up approximately 2.0% of NS Partners Ltd’s investment portfolio, making the stock its 12th largest holding. NS Partners Ltd’s holdings in Honeywell International were worth $19,462,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Weatherly Asset Management L. P. raised its stake in shares of Honeywell International by 3.9% in the 2nd quarter. Weatherly Asset Management L. P. now owns 8,543 shares of the conglomerate’s stock valued at $1,231,000 after purchasing an additional 323 shares during the period. Nicollet Investment Management Inc. raised its stake in shares of Honeywell International by 1.7% in the 1st quarter. Nicollet Investment Management Inc. now owns 21,615 shares of the conglomerate’s stock valued at $3,124,000 after purchasing an additional 355 shares during the period. Buckingham Capital Management Inc. raised its stake in shares of Honeywell International by 1.4% in the 1st quarter. Buckingham Capital Management Inc. now owns 25,679 shares of the conglomerate’s stock valued at $3,711,000 after purchasing an additional 355 shares during the period. CapWealth Advisors LLC raised its stake in shares of Honeywell International by 0.7% in the 4th quarter. CapWealth Advisors LLC now owns 48,920 shares of the conglomerate’s stock valued at $7,502,000 after purchasing an additional 360 shares during the period. Finally, Belpointe Asset Management LLC raised its stake in shares of Honeywell International by 17.8% in the 4th quarter. Belpointe Asset Management LLC now owns 2,437 shares of the conglomerate’s stock valued at $374,000 after purchasing an additional 368 shares during the period. Hedge funds and other institutional investors own 74.63% of the company’s stock.

NYSE:HON opened at $153.09 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.11 and a current ratio of 1.38. The stock has a market capitalization of $115.25 billion, a P/E ratio of 21.53, a P/E/G ratio of 1.81 and a beta of 1.03. Honeywell International Inc. has a 52-week low of $134.50 and a 52-week high of $165.13.

Honeywell International (NYSE:HON) last released its earnings results on Friday, July 20th. The conglomerate reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.11. The business had revenue of $10.92 billion for the quarter, compared to the consensus estimate of $10.80 billion. Honeywell International had a return on equity of 31.46% and a net margin of 3.88%. Honeywell International’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.80 earnings per share. analysts anticipate that Honeywell International Inc. will post 8.14 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Friday, August 17th will be given a $0.745 dividend. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Thursday, August 16th. Honeywell International’s dividend payout ratio is currently 41.91%.

HON has been the topic of several recent research reports. Wolfe Research initiated coverage on Honeywell International in a research note on Wednesday, June 27th. They issued an “outperform” rating and a $170.00 price target on the stock. Barclays lifted their price target on Honeywell International from $170.00 to $172.00 and gave the company an “overweight” rating in a research note on Monday, April 23rd. Zacks Investment Research downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Deutsche Bank set a $166.00 price target on Honeywell International and gave the company a “buy” rating in a research note on Thursday, July 12th. Finally, Oppenheimer dropped their price target on Honeywell International from $180.00 to $172.00 and set an “outperform” rating on the stock in a research note on Monday, April 30th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Honeywell International has an average rating of “Buy” and an average price target of $170.29.

In related news, Director Linnet F. Deily sold 3,066 shares of Honeywell International stock in a transaction dated Monday, July 30th. The stock was sold at an average price of $158.12, for a total value of $484,795.92. Following the sale, the director now owns 11,787 shares of the company’s stock, valued at $1,863,760.44. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Vimal Kapur sold 9,996 shares of Honeywell International stock in a transaction dated Friday, July 27th. The shares were sold at an average price of $159.25, for a total value of $1,591,863.00. Following the completion of the sale, the insider now directly owns 16,131 shares in the company, valued at approximately $2,568,861.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 130,977 shares of company stock worth $19,788,828. 1.33% of the stock is owned by company insiders.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

Further Reading: Average Daily Trade Volume – What You Need to Know

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.