Novare Capital Management LLC reduced its position in shares of Honeywell International Inc. (NYSE:HON) by 2.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 69,379 shares of the company’s stock after selling 1,390 shares during the period. Honeywell International comprises about 2.2% of Novare Capital Management LLC’s holdings, making the stock its 6th largest position. Novare Capital Management LLC’s holdings in Honeywell International were worth $8,070,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HON. Jacobs & Co. CA boosted its position in shares of Honeywell International by 0.4% in the first quarter. Jacobs & Co. CA now owns 52,937 shares of the company’s stock valued at $5,931,000 after buying an additional 186 shares in the last quarter. Koshinski Asset Management Inc. boosted its position in shares of Honeywell International by 8.3% in the first quarter. Koshinski Asset Management Inc. now owns 4,550 shares of the company’s stock valued at $508,000 after buying an additional 350 shares in the last quarter. TNB Financial boosted its position in shares of Honeywell International by 16.9% in the first quarter. TNB Financial now owns 3,836 shares of the company’s stock valued at $430,000 after buying an additional 555 shares in the last quarter. Campbell Newman Asset Management Inc. boosted its position in shares of Honeywell International by 4.2% in the first quarter. Campbell Newman Asset Management Inc. now owns 169,951 shares of the company’s stock valued at $19,043,000 after buying an additional 6,887 shares in the last quarter. Finally, Berkshire Asset Management LLC PA boosted its position in shares of Honeywell International by 4.6% in the first quarter. Berkshire Asset Management LLC PA now owns 100,525 shares of the company’s stock valued at $11,264,000 after buying an additional 4,376 shares in the last quarter. Hedge funds and other institutional investors own 76.50% of the company’s stock.

Shares of Honeywell International Inc. (NYSE:HON) traded down 0.42% during mid-day trading on Friday, hitting $116.34. 936,592 shares of the stock were exchanged. The stock’s 50-day moving average price is $115.65 and its 200-day moving average price is $114.67. Honeywell International Inc. has a 52-week low of $91.57 and a 52-week high of $120.02. The company has a market cap of $88.52 billion, a P/E ratio of 18.41 and a beta of 1.07.

Honeywell International (NYSE:HON) last released its earnings results on Friday, July 22nd. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.02. The company earned $9.78 billion during the quarter, compared to analysts’ expectations of $10.13 billion. Honeywell International had a net margin of 12.60% and a return on equity of 26.84%. Honeywell International’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the business earned $1.51 EPS. Equities research analysts anticipate that Honeywell International Inc. will post $6.67 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 19th were paid a $0.595 dividend. This represents a $2.38 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend was Wednesday, August 17th. Honeywell International’s dividend payout ratio (DPR) is presently 37.66%.

Several equities analysts recently issued reports on HON shares. Zacks Investment Research cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 7th. Sanford C. Bernstein restated an “outperform” rating on shares of Honeywell International in a report on Monday, June 27th. Morgan Stanley restated a “buy” rating and issued a $126.00 price objective on shares of Honeywell International in a report on Thursday, June 30th. Citigroup Inc. restated a “buy” rating and issued a $132.00 price objective on shares of Honeywell International in a report on Thursday, June 30th. Finally, Credit Suisse Group AG restated a “hold” rating on shares of Honeywell International in a report on Saturday, July 9th. Six research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $122.41.

In related news, insider Timothy O. Mahoney sold 600 shares of Honeywell International stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $116.29, for a total value of $69,774.00. Following the completion of the sale, the insider now directly owns 68,398 shares in the company, valued at approximately $7,954,003.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Katherine L. Adams sold 108,712 shares of Honeywell International stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $116.13, for a total transaction of $12,624,724.56. Following the completion of the sale, the senior vice president now owns 224,530 shares of the company’s stock, valued at $26,074,668.90. The disclosure for this sale can be found here. 1.83% of the stock is currently owned by corporate insiders.

Honeywell International Company Profile

Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

5 Day Chart for NYSE:HON

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NYSE:HON).

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