Arvest Bank Trust Division reduced its stake in Honeywell International Inc. (NYSE:HON) by 1.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 117,527 shares of the conglomerate’s stock after selling 1,763 shares during the quarter. Honeywell International makes up 1.3% of Arvest Bank Trust Division’s investment portfolio, making the stock its 22nd largest holding. Arvest Bank Trust Division’s holdings in Honeywell International were worth $20,802,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. 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 purchasing an additional 60 shares during the period. Wealthquest Corp increased its position in shares of Honeywell International by 1.2% during the third quarter. Wealthquest Corp now owns 5,203 shares of the conglomerate’s stock valued at $880,000 after purchasing an additional 61 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Honeywell International by 2.1% during the third quarter. Integrated Wealth Concepts LLC now owns 3,090 shares of the conglomerate’s stock valued at $523,000 after purchasing an additional 64 shares during the period. Nicolet Bankshares Inc. increased its position in shares of Honeywell International by 1.1% during the third quarter. Nicolet Bankshares Inc. now owns 6,025 shares of the conglomerate’s stock valued at $1,019,000 after purchasing an additional 65 shares during the period. Finally, Marble Harbor Investment Counsel LLC increased its position in shares of Honeywell International by 2.9% during the third quarter. Marble Harbor Investment Counsel LLC now owns 2,380 shares of the conglomerate’s stock valued at $403,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 75.56% of the company’s stock.

A number of research firms have recently issued reports on HON. Credit Suisse Group upgraded Honeywell International from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Royal Bank of Canada restated a “buy” rating and set a $191.00 price objective on shares of Honeywell International in a research report on Wednesday, December 18th. UBS Group began coverage on Honeywell International in a research report on Thursday, December 12th. They set a “neutral” rating and a $192.00 price objective on the stock. Cowen set a $180.00 price objective on Honeywell International and gave the company a “buy” rating in a research report on Friday, October 18th. Finally, William Blair restated a “hold” rating on shares of Honeywell International in a research report on Monday, November 25th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $190.92.

NYSE:HON traded down $0.84 during trading hours on Tuesday, reaching $180.43. The company had a trading volume of 1,384,502 shares, compared to its average volume of 2,201,088. The stock has a 50-day moving average of $177.01 and a two-hundred day moving average of $171.84. Honeywell International Inc. has a one year low of $135.98 and a one year high of $183.12. The firm has a market capitalization of $129.52 billion, a PE ratio of 22.53, a PEG ratio of 2.20 and a beta of 1.09. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61.

Honeywell International (NYSE:HON) last announced its quarterly earnings results on Thursday, October 17th. The conglomerate reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.07. Honeywell International had a return on equity of 32.01% and a net margin of 17.06%. The firm had revenue of $9.09 billion for the quarter, compared to analysts’ expectations of $9.12 billion. During the same period in the prior year, the business posted $2.03 earnings per share. The business’s revenue was down 15.6% compared to the same quarter last year. As a group, sell-side analysts expect that Honeywell International Inc. will post 8.14 earnings per share for the current year.

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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