Ffcm LLC raised its stake in Honeywell International Inc. (NYSE:HON) by 18.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,583 shares of the conglomerate’s stock after acquiring an additional 4,353 shares during the quarter. Ffcm LLC’s holdings in Honeywell International were worth $4,051,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HON. NN Investment Partners Holdings N.V. raised its stake in shares of Honeywell International by 1.4% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 7,873 shares of the conglomerate’s stock worth $1,049,000 after buying an additional 109 shares during the period. Bank of The West raised its stake in shares of Honeywell International by 30.9% during the 2nd quarter. Bank of The West now owns 7,848 shares of the conglomerate’s stock worth $1,046,000 after buying an additional 1,853 shares during the period. Arvest Bank Trust Division raised its stake in shares of Honeywell International by 1.2% during the 2nd quarter. Arvest Bank Trust Division now owns 127,467 shares of the conglomerate’s stock worth $16,990,000 after buying an additional 1,566 shares during the period. Trust Department MB Financial Bank N A raised its stake in shares of Honeywell International by 751.7% during the 2nd quarter. Trust Department MB Financial Bank N A now owns 87,788 shares of the conglomerate’s stock worth $11,701,000 after buying an additional 77,481 shares during the period. Finally, Trust Co. of Vermont raised its stake in shares of Honeywell International by 4.3% during the 2nd quarter. Trust Co. of Vermont now owns 51,149 shares of the conglomerate’s stock worth $6,818,000 after buying an additional 2,112 shares during the period. 76.36% of the stock is owned by institutional investors.

Shares of Honeywell International Inc. (NYSE:HON) opened at $158.54 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35. Honeywell International Inc. has a 12-month low of $116.98 and a 12-month high of $159.85. The company has a market capitalization of $120,098.24, a P/E ratio of 24.02, a P/E/G ratio of 2.41 and a beta of 0.99.

Honeywell International announced that its Board of Directors has initiated a stock buyback plan on Friday, December 8th that authorizes the company to repurchase $6.50 billion in shares. This repurchase authorization authorizes the conglomerate to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued.

Several research analysts have recently weighed in on the company. UBS Group assumed coverage on Honeywell International in a research note on Monday. They set a “buy” rating for the company. Cowen reaffirmed a “buy” rating and set a $168.00 target price on shares of Honeywell International in a research note on Monday. Royal Bank of Canada downgraded Honeywell International from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $163.00 to $158.00 in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Argus upped their target price on Honeywell International from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, December 22nd. Finally, Jefferies Group upped their target price on Honeywell International from $162.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, December 14th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Honeywell International has an average rating of “Buy” and an average target price of $161.43.

In other Honeywell International news, Director Bradley T. Sheares sold 1,328 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total value of $194,432.48. Following the completion of the sale, the director now directly owns 4,002 shares in the company, valued at approximately $585,932.82. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Krishna Mikkilineni sold 13,074 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $145.12, for a total value of $1,897,298.88. Following the completion of the sale, the vice president now owns 104,998 shares of the company’s stock, valued at $15,237,309.76. The disclosure for this sale can be found here. 1.56% of the stock is owned by corporate insiders.

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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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