Kayne Anderson Rudnick Investment Management LLC lowered its position in shares of Honeywell International Inc. (NYSE:HON) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 116,501 shares of the conglomerate’s stock after selling 1,850 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in Honeywell International were worth $15,529,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of HON. Schulhoff & Co. Inc. lifted its position in Honeywell International by 1.8% in the second quarter. Schulhoff & Co. Inc. now owns 11,440 shares of the conglomerate’s stock valued at $1,524,000 after acquiring an additional 203 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Honeywell International by 5.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 217,832 shares of the conglomerate’s stock valued at $29,184,000 after acquiring an additional 11,091 shares during the last quarter. Edgestream Partners L.P. lifted its position in Honeywell International by 331.4% in the first quarter. Edgestream Partners L.P. now owns 13,555 shares of the conglomerate’s stock valued at $1,693,000 after acquiring an additional 10,413 shares during the last quarter. Acadian Asset Management LLC lifted its position in Honeywell International by 80.2% in the second quarter. Acadian Asset Management LLC now owns 33,290 shares of the conglomerate’s stock valued at $4,436,000 after acquiring an additional 14,816 shares during the last quarter. Finally, Buckingham Capital Management Inc. lifted its position in Honeywell International by 3.1% in the first quarter. Buckingham Capital Management Inc. now owns 25,462 shares of the conglomerate’s stock valued at $3,179,000 after acquiring an additional 766 shares during the last quarter. Hedge funds and other institutional investors own 76.24% of the company’s stock.

In other Honeywell International news, VP Krishna Mikkilineni sold 13,074 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the transaction, the vice president now directly owns 104,998 shares in the company, valued at $15,237,309.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Rajeev Gautam sold 5,840 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $136.68, for a total transaction of $798,211.20. Following the transaction, the insider now owns 16,597 shares in the company, valued at $2,268,477.96. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,242 shares of company stock worth $2,889,943. Company insiders own 1.56% of the company’s stock.

Honeywell International Inc. (NYSE:HON) opened at $147.32 on Wednesday. Honeywell International Inc. has a one year low of $111.78 and a one year high of $147.60. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 0.54. The stock has a market cap of $111,774.63, a PE ratio of 21.11, a PEG ratio of 2.25 and a beta of 0.97.

Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The business had revenue of $10.12 billion for the quarter, compared to analyst estimates of $10.05 billion. During the same period in the previous year, the business posted $1.60 earnings per share. The business’s revenue was up 3.2% compared to the same quarter last year. research analysts predict that Honeywell International Inc. will post 7.06 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.02%. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, November 16th. Honeywell International’s payout ratio is 40.30%.

A number of brokerages recently weighed in on HON. Cowen and Company reissued a “buy” rating and issued a $150.00 price target on shares of Honeywell International in a research report on Tuesday, October 10th. Vertical Research reissued a “buy” rating on shares of Honeywell International in a research report on Friday, October 20th. Citigroup Inc. boosted their price target on shares of Honeywell International from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Jefferies Group LLC reissued a “buy” rating and issued a $155.00 price target on shares of Honeywell International in a research report on Tuesday, August 22nd. 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 research report on Sunday, August 27th. One analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $150.79.

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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.

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

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