Smithbridge Asset Management Inc. DE boosted its stake in Honeywell International Inc. (NYSE:HON) by 0.6% during the second quarter, Holdings Channel reports. The institutional investor owned 29,260 shares of the conglomerate’s stock after buying an additional 185 shares during the period. Honeywell International comprises approximately 3.2% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 5th largest position. Smithbridge Asset Management Inc. DE’s holdings in Honeywell International were worth $3,900,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Crestwood Advisors Group LLC purchased a new stake in shares of Honeywell International during the first quarter valued at approximately $100,000. Peoples Financial Services CORP. raised its stake in shares of Honeywell International by 62.2% in the first quarter. Peoples Financial Services CORP. now owns 811 shares of the conglomerate’s stock valued at $101,000 after buying an additional 311 shares in the last quarter. Hanson McClain Inc. raised its stake in shares of Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after buying an additional 3 shares in the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Honeywell International during the fourth quarter valued at approximately $114,000. Finally, MCF Advisors LLC raised its stake in shares of Honeywell International by 55.8% in the first quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after buying an additional 335 shares in the last quarter. Institutional investors own 76.36% of the company’s stock.

Honeywell International Inc. (NYSE HON) opened at 134.95 on Friday. The company has a 50-day moving average price of $134.17 and a 200-day moving average price of $127.24. Honeywell International Inc. has a one year low of $105.25 and a one year high of $136.41. The stock has a market cap of $102.88 billion, a P/E ratio of 21.25 and a beta of 0.95.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.02. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.89 billion. Honeywell International had a return on equity of 26.58% and a net margin of 12.43%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $1.70 earnings per share. On average, analysts anticipate that Honeywell International Inc. will post $7.09 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Daily Political and is the property of of Daily Political. If you are reading this report on another domain, it was stolen and republished in violation of international copyright law. The original version of this report can be read at https://www.dailypolitical.com/2017/07/21/smithbridge-asset-management-inc-de-increases-stake-in-honeywell-international-inc-nysehon.html.

HON has been the subject of several research analyst reports. Jefferies Group LLC restated a “buy” rating and set a $141.00 price target on shares of Honeywell International in a research note on Wednesday, April 26th. Stifel Nicolaus upped their price target on Honeywell International from $136.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Citigroup Inc. upped their price target on Honeywell International from $140.00 to $147.00 and gave the stock a “buy” rating in a research note on Tuesday, April 25th. Cowen and Company restated a “buy” rating on shares of Honeywell International in a research note on Monday, April 24th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $144.00 price target on shares of Honeywell International in a research note on Tuesday, April 11th. One equities research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Honeywell International currently has a consensus rating of “Buy” and a consensus price target of $136.10.

In related news, SVP Katherine L. Adams sold 116,021 shares of the business’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $131.70, for a total transaction of $15,279,965.70. Following the transaction, the senior vice president now directly owns 286,199 shares in the company, valued at $37,692,408.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Jennifer H. Mak sold 5,510 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $131.88, for a total value of $726,658.80. Following the transaction, the vice president now owns 3,141 shares in the company, valued at $414,235.08. The disclosure for this sale can be found here. Insiders sold 1,253,667 shares of company stock worth $164,049,416 over the last quarter. 1.56% of the stock is currently owned by corporate insiders.

Honeywell International Company Profile

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

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).

Institutional Ownership by Quarter for Honeywell International (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.