Blue Granite Capital LLC maintained its position in Honeywell International Inc. (NYSE:HON) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,150 shares of the conglomerate’s stock at the end of the second quarter. Blue Granite Capital LLC’s holdings in Honeywell International were worth $2,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Princeton Portfolio Strategies Group LLC increased its stake in shares of Honeywell International by 1.6% in the fourth quarter. Princeton Portfolio Strategies Group LLC now owns 17,479 shares of the conglomerate’s stock valued at $2,025,000 after buying an additional 275 shares during the period. Horizon Kinetics LLC increased its stake in shares of Honeywell International by 13.2% in the fourth quarter. Horizon Kinetics LLC now owns 11,654 shares of the conglomerate’s stock valued at $1,350,000 after buying an additional 1,360 shares during the period. Denver Investment Advisors LLC increased its stake in shares of Honeywell International by 2.2% in the fourth quarter. Denver Investment Advisors LLC now owns 3,711 shares of the conglomerate’s stock valued at $430,000 after buying an additional 80 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Honeywell International by 77.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 96,988 shares of the conglomerate’s stock valued at $11,247,000 after buying an additional 42,305 shares during the period. Finally, HCR Wealth Advisors bought a new stake in shares of Honeywell International during the fourth quarter valued at about $690,000. 76.41% of the stock is currently owned by institutional investors.

Honeywell International Inc. (NYSE HON) opened at 136.35 on Monday. The firm has a market capitalization of $103.70 billion, a PE ratio of 21.14 and a beta of 0.95. 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 $137.42.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.78 by $0.02. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.89 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The firm’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.70 EPS. On average, equities analysts predict that Honeywell International Inc. will post $7.09 EPS for the current year.

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Several analysts have weighed in on HON shares. Royal Bank Of Canada lifted their target price on Honeywell International from $145.00 to $148.00 and gave the company an “outperform” rating in a research note on Monday. Oppenheimer Holdings, Inc. lifted their target price on Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday. Zacks Investment Research downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Cowen and Company reaffirmed a “buy” rating and set a $140.00 target price on shares of Honeywell International in a research note on Monday, July 17th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $122.00 target price on shares of Honeywell International in a research note on Friday, April 21st. One analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Honeywell International presently has a consensus rating of “Buy” and a consensus price target of $136.66.

In related news, Director David M. Cote sold 969,650 shares of the company’s stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $130.78, for a total value of $126,810,827.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Jennifer H. Mak sold 5,510 shares of the company’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $131.88, for a total transaction of $726,658.80. Following the completion of the sale, the vice president now owns 3,141 shares of the company’s stock, valued at approximately $414,235.08. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,253,667 shares of company stock valued at $164,049,416. 1.56% of the stock is owned by corporate insiders.

About Honeywell International

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.

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

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