Private Ocean LLC boosted its holdings in Honeywell International Inc. (NYSE:HON) by 61.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 396 shares of the conglomerate’s stock after acquiring an additional 150 shares during the period. Private Ocean LLC’s holdings in Honeywell International were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. SevenBridge Financial Group LLC increased its position in Honeywell International by 0.5% in the 2nd quarter. SevenBridge Financial Group LLC now owns 11,535 shares of the conglomerate’s stock valued at $2,014,000 after buying an additional 60 shares in the last quarter. Claro Advisors LLC increased its position in shares of Honeywell International by 0.8% during the second quarter. Claro Advisors LLC now owns 7,794 shares of the conglomerate’s stock valued at $1,361,000 after acquiring an additional 60 shares during the last quarter. Financial Advocates Investment Management increased its position in shares of Honeywell International by 0.8% during the second quarter. Financial Advocates Investment Management now owns 7,309 shares of the conglomerate’s stock valued at $1,276,000 after acquiring an additional 60 shares during the last quarter. Ontario Teachers Pension Plan Board increased its position in shares of Honeywell International by 1.4% during the second quarter. Ontario Teachers Pension Plan Board now owns 4,292 shares of the conglomerate’s stock valued at $749,000 after acquiring an additional 60 shares during the last quarter. Finally, Glassman Wealth Services increased its position in shares of Honeywell International by 27.0% during the third quarter. Glassman Wealth Services now owns 282 shares of the conglomerate’s stock valued at $48,000 after acquiring an additional 60 shares during the last quarter. 76.46% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International stock traded up $1.55 during trading on Friday, reaching $181.21. The stock had a trading volume of 1,591,013 shares, compared to its average volume of 2,742,230. Honeywell International Inc. has a 52-week low of $123.48 and a 52-week high of $181.99. The business has a 50 day moving average price of $168.54 and a 200 day moving average price of $169.54. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. The stock has a market cap of $129.10 billion, a PE ratio of 22.62, a P/E/G ratio of 2.41 and a beta of 1.10.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Thursday, October 17th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.07. The company had revenue of $9.09 billion during the quarter, compared to the consensus estimate of $9.12 billion. Honeywell International had a net margin of 17.06% and a return on equity of 32.01%. The firm’s quarterly revenue was down 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.03 earnings per share. On average, equities analysts predict that Honeywell International Inc. will post 8.14 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $0.90 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $0.82. This represents a $3.60 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Thursday, November 14th. Honeywell International’s payout ratio is presently 40.95%.

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $178.00 to $184.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. Morgan Stanley lifted their price target on shares of Honeywell International from $185.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Cowen set a $180.00 price target on shares of Honeywell International and gave the stock a “buy” rating in a research note on Friday, October 18th. Credit Suisse Group lifted their price target on shares of Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Finally, Jefferies Financial Group lifted their price target on shares of Honeywell International from $190.00 to $195.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $185.80.

In other news, CEO Rajeev Gautam sold 10,984 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $163.88, for a total transaction of $1,800,057.92. Following the sale, the chief executive officer now directly owns 28,920 shares in the company, valued at $4,739,409.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jaime Chico Pardo sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $165.92, for a total value of $1,161,440.00. Following the sale, the director now owns 7,103 shares in the company, valued at $1,178,529.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,133 shares of company stock worth $4,141,655. 0.73% of the stock is owned by corporate insiders.

About Honeywell International

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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