Ferguson Wellman Capital Management Inc. raised its holdings in shares of Honeywell International Inc. (NYSE:HON) by 8.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 373,596 shares of the conglomerate’s stock after acquiring an additional 29,398 shares during the period. Honeywell International makes up 1.9% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 7th largest position. Ferguson Wellman Capital Management Inc.’s holdings in Honeywell International were worth $49,797,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HON. Hanson McClain Inc. grew its holdings in shares of Honeywell International by 0.4% in the 1st 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 grew its holdings in shares of Honeywell International by 0.3% in the 2nd 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. grew its holdings in shares of Honeywell International by 0.3% in the 1st 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 grew its holdings in shares of Honeywell International by 0.3% in the 1st 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 grew its holdings in shares of Honeywell International by 0.3% in the 1st 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 75.77% of the company’s stock.

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Shares of Honeywell International Inc. (HON) opened at 138.95 on Monday. Honeywell International Inc. has a 12 month low of $105.25 and a 12 month high of $140.21. The firm’s 50-day moving average is $137.53 and its 200 day moving average is $132.16. The company has a market capitalization of $105.68 billion, a PE ratio of 21.55 and a beta of 0.94.

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 consensus estimate of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The firm had revenue of $10.08 billion during the quarter, compared to the consensus estimate of $9.89 billion. During the same period in the previous year, the firm posted $1.70 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. Equities research analysts predict that Honeywell International Inc. will post $7.09 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 18th were issued a dividend of $0.665 per share. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date was Wednesday, August 16th. Honeywell International’s dividend payout ratio is currently 41.24%.

Several brokerages have recently issued reports on HON. Oppenheimer Holdings, Inc. boosted their price target on shares of Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a report on Monday, July 24th. Cowen and Company reissued a “buy” rating and issued a $140.00 price target on shares of Honeywell International in a report on Monday, July 17th. HSBC Holdings plc began coverage on shares of Honeywell International in a report on Wednesday, June 21st. They issued a “buy” rating and a $147.00 price target for the company. BidaskClub raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Finally, Royal Bank Of Canada set a $148.00 price target on shares of Honeywell International and gave the company a “buy” rating in a report on Sunday, August 27th. One analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $141.24.

In other news, CFO Thomas A. Szlosek sold 803 shares of Honeywell International stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $137.02, for a total transaction of $110,027.06. Following the completion of the transaction, the chief financial officer now directly owns 5,702 shares in the company, valued at $781,288.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Timothy O. Mahoney sold 341,701 shares of Honeywell International stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $138.08, for a total transaction of $47,182,074.08. Following the transaction, the insider now owns 294,155 shares of the company’s stock, valued at $40,616,922.40. The disclosure for this sale can be found here. Insiders have sold 354,108 shares of company stock valued at $48,886,463 over the last quarter. Corporate insiders own 1.56% of the company’s stock.

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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