Howard Capital Management cut its stake in shares of Honeywell International Inc. (NYSE:HON) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,535 shares of the conglomerate’s stock after selling 66 shares during the period. Howard Capital Management’s holdings in Honeywell International were worth $1,004,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hanson McClain Inc. increased its position 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 during the period. Addison Capital Co increased its position in shares of Honeywell International by 0.3% in the second quarter. Addison Capital Co now owns 2,643 shares of the conglomerate’s stock valued at $352,000 after buying an additional 7 shares during the period. Weatherly Asset Management L. P. increased its position in shares of Honeywell International by 0.3% in the first quarter. Weatherly Asset Management L. P. now owns 2,496 shares of the conglomerate’s stock valued at $312,000 after buying an additional 8 shares during the period. Keel Point LLC increased its position in shares of Honeywell International by 0.3% in the first quarter. Keel Point LLC now owns 3,487 shares of the conglomerate’s stock valued at $435,000 after buying an additional 10 shares during the period. Finally, Hudock Capital Group LLC increased its position in shares of Honeywell International by 0.3% in the first quarter. Hudock Capital Group LLC now owns 4,027 shares of the conglomerate’s stock valued at $502,000 after buying an additional 14 shares during the period. Institutional investors own 76.43% of the company’s stock.

Shares of Honeywell International Inc. (HON) traded down 0.47% during trading on Friday, hitting $136.59. 2,347,107 shares of the stock traded hands. The firm has a 50 day moving average price of $135.93 and a 200-day moving average price of $129.42. The company has a market cap of $103.89 billion, a PE ratio of 21.18 and a beta of 0.94. Honeywell International Inc. has a one year low of $105.25 and a one year high of $140.21.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.02. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.89 billion. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS. Analysts anticipate that Honeywell International Inc. will post $7.10 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be given a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $2.66 annualized dividend and a yield of 1.95%. Honeywell International’s dividend payout ratio is 41.24%.

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Several research analysts have weighed in on the company. Cowen and Company reiterated a “buy” rating and issued a $140.00 price target on shares of Honeywell International in a report on Monday, July 17th. Oppenheimer Holdings, Inc. boosted their price target on Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a report on Monday, July 24th. Stifel Nicolaus boosted their price target on Honeywell International from $136.00 to $143.00 and gave the company a “buy” rating in a report on Tuesday, April 25th. Citigroup Inc. upped their price objective on Honeywell International from $140.00 to $147.00 and gave the stock a “buy” rating in a report on Tuesday, April 25th. Finally, HSBC Holdings plc began coverage on Honeywell International in a report on Wednesday, June 21st. They set a “buy” rating and a $147.00 price objective for the company. One investment analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $139.17.

In other Honeywell International news, Director Bradley T. Sheares sold 3,430 shares of the firm’s stock in a transaction on Friday, May 19th. The shares were sold at an average price of $131.71, for a total value of $451,765.30. Following the sale, the director now directly owns 8,731 shares in the company, valued at approximately $1,149,960.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Timothy O. Mahoney sold 341,701 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $138.08, for a total transaction of $47,182,074.08. Following the completion of the sale, the insider now owns 294,155 shares in the company, valued at $40,616,922.40. The disclosure for this sale can be found here. Insiders sold a total of 473,229 shares of company stock worth $64,546,642 over the last 90 days. Company insiders own 1.56% of the company’s stock.

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.

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

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