Quest Capital Management Inc. ADV reduced its holdings in Honeywell International Inc. (NYSE:HON) by 99.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,331 shares of the conglomerate’s stock after selling 136,130 shares during the quarter. Quest Capital Management Inc. ADV’s holdings in Honeywell International were worth $232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. SevenBridge Financial Group LLC increased its position in shares of Honeywell International by 0.5% during the 2nd quarter. SevenBridge Financial Group LLC now owns 11,535 shares of the conglomerate’s stock valued at $2,014,000 after purchasing an additional 60 shares during the period. Claro Advisors LLC increased its position in shares of Honeywell International by 0.8% during the 2nd quarter. Claro Advisors LLC now owns 7,794 shares of the conglomerate’s stock valued at $1,361,000 after purchasing an additional 60 shares during the period. Claraphi Advisory Network LLC increased its position in shares of Honeywell International by 1.3% during the 2nd quarter. Claraphi Advisory Network LLC now owns 4,853 shares of the conglomerate’s stock valued at $847,000 after purchasing an additional 61 shares during the period. Searle & CO. increased its position in shares of Honeywell International by 0.3% during the 1st quarter. Searle & CO. now owns 19,648 shares of the conglomerate’s stock valued at $3,122,000 after purchasing an additional 62 shares during the period. Finally, Nwam LLC increased its position in shares of Honeywell International by 1.5% during the 2nd quarter. Nwam LLC now owns 4,503 shares of the conglomerate’s stock valued at $786,000 after purchasing an additional 65 shares during the period. Hedge funds and other institutional investors own 77.48% of the company’s stock.

Several equities analysts have recently issued reports on the company. Jefferies Financial Group lifted their price target on Honeywell International from $190.00 to $195.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Barclays raised their price objective on Honeywell International from $186.00 to $187.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Royal Bank of Canada set a $177.00 price objective on Honeywell International and gave the stock a “buy” rating in a research note on Friday, July 19th. Zacks Investment Research raised Honeywell International from a “hold” rating to a “buy” rating and set a $182.00 price objective for the company in a research note on Monday, July 22nd. Finally, ValuEngine lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Honeywell International currently has an average rating of “Buy” and a consensus target price of $184.08.

Shares of Honeywell International stock traded up $0.62 during midday trading on Wednesday, hitting $164.09. The company’s stock had a trading volume of 16,422 shares, compared to its average volume of 2,260,079. The firm has a market capitalization of $118.74 billion, a P/E ratio of 20.49, a PEG ratio of 2.20 and a beta of 1.09. The stock has a 50-day simple moving average of $171.22 and a 200-day simple moving average of $164.98. The company has a quick ratio of 0.96, a current ratio of 1.19 and a debt-to-equity ratio of 0.48. Honeywell International Inc. has a 1-year low of $123.48 and a 1-year high of $178.47.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, July 18th. The conglomerate reported $2.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.08 by $0.02. The business had revenue of $9.24 billion during the quarter, compared to analysts’ expectations of $9.37 billion. Honeywell International had a return on equity of 32.02% and a net margin of 18.17%. Honeywell International’s revenue was down 15.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 earnings per share. As a group, sell-side analysts predict that Honeywell International Inc. will post 8.1 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 16th will be given a $0.82 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.28 annualized dividend and a dividend yield of 2.00%. Honeywell International’s dividend payout ratio (DPR) is presently 40.95%.

In other news, Director Jaime Chico Pardo sold 7,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $165.92, for a total value of $1,161,440.00. Following the completion of the sale, the director now owns 7,103 shares of the company’s stock, valued at $1,178,529.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Darius Adamczyk sold 7,149 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $165.08, for a total value of $1,180,156.92. Following the completion of the sale, the chairman now directly owns 75,521 shares of the company’s stock, valued at approximately $12,467,006.68. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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