Johnson Financial Group Inc. lessened its holdings in Honeywell International Inc. (NYSE:HON) by 41.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,718 shares of the conglomerate’s stock after selling 11,126 shares during the period. Johnson Financial Group Inc.’s holdings in Honeywell International were worth $2,095,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hanson McClain Inc. lifted its stake in 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 purchasing an additional 3 shares during the last quarter. Burt Wealth Advisors lifted its stake in Honeywell International by 65.4% in the second quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 300 shares during the last quarter. Guidant Wealth Advisors lifted its stake in Honeywell International by 15.8% in the second quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 104 shares during the last quarter. Mosaic Family Wealth LLC lifted its stake in Honeywell International by 11.4% in the second quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 78 shares during the last quarter. Finally, Jolley Asset Management LLC lifted its stake in Honeywell International by 6.9% in the second quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock valued at $103,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.20% of the company’s stock.

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In related news, insider Rajeev Gautam sold 5,840 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $136.68, for a total value of $798,211.20. Following the transaction, the insider now owns 16,597 shares of the company’s stock, valued at $2,268,477.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bradley T. Sheares sold 1,328 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $146.41, for a total value of $194,432.48. Following the completion of the transaction, the director now directly owns 4,002 shares in the company, valued at approximately $585,932.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,242 shares of company stock worth $2,889,943. Insiders own 1.56% of the company’s stock.

Several equities analysts recently commented on HON shares. Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research note on Thursday, August 17th. Deutsche Bank AG reiterated a “buy” rating and issued a $154.00 price objective on shares of Honeywell International in a research note on Thursday, September 21st. Royal Bank Of Canada upped their price objective on Honeywell International from $148.00 to $156.00 and gave the company an “outperform” rating in a research note on Monday, October 23rd. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 price objective on shares of Honeywell International in a research note on Thursday, September 28th. Finally, Oppenheimer Holdings, Inc. upped their price objective on Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Honeywell International currently has an average rating of “Buy” and a consensus price target of $150.79.

Honeywell International Inc. (NYSE:HON) opened at $147.94 on Tuesday. The firm has a market cap of $112,700.00, a price-to-earnings ratio of 21.08, a PEG ratio of 2.25 and a beta of 0.97. Honeywell International Inc. has a 1-year low of $111.78 and a 1-year high of $148.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09.

Honeywell International (NYSE:HON) last released its quarterly earnings results on Friday, October 20th. The conglomerate reported $1.75 earnings per share for the quarter, hitting the consensus estimate of $1.75. The firm had revenue of $10.12 billion for the quarter, compared to analysts’ expectations of $10.05 billion. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.60 earnings per share. research analysts expect 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 issued a $0.745 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.98 annualized dividend and a dividend yield of 2.01%. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s dividend payout ratio is presently 45.15%.

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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