Epoch Investment Partners Inc. lessened its stake in Honeywell International Inc. (NYSE:HON) by 3.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 172,849 shares of the conglomerate’s stock after selling 6,181 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Honeywell International were worth $28,762,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Bainco International Investors increased its holdings in Honeywell International by 1.0% in the second quarter. Bainco International Investors now owns 94,415 shares of the conglomerate’s stock valued at $13,600,000 after purchasing an additional 906 shares during the last quarter. Zweig DiMenna Associates LLC bought a new stake in Honeywell International in the second quarter valued at about $13,495,000. Israel Discount Bank of New York increased its holdings in Honeywell International by 164.8% in the second quarter. Israel Discount Bank of New York now owns 3,744 shares of the conglomerate’s stock valued at $539,000 after purchasing an additional 2,330 shares during the last quarter. Picton Mahoney Asset Management increased its holdings in Honeywell International by 1.1% in the second quarter. Picton Mahoney Asset Management now owns 73,675 shares of the conglomerate’s stock valued at $10,612,000 after purchasing an additional 800 shares during the last quarter. Finally, Integrated Investment Consultants LLC bought a new stake in Honeywell International in the second quarter valued at about $267,000. Institutional investors and hedge funds own 71.16% of the company’s stock.

Shares of Honeywell International stock opened at $138.71 on Friday. Honeywell International Inc. has a 1 year low of $137.14 and a 1 year high of $167.72. The stock has a market capitalization of $104.80 billion, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04. The company has a quick ratio of 1.20, a current ratio of 1.49 and a debt-to-equity ratio of 0.76.

Honeywell International (NYSE:HON) last announced its quarterly earnings results on Friday, October 19th. The conglomerate reported $2.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.04. Honeywell International had a return on equity of 33.69% and a net margin of 6.13%. The company had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the prior year, the company earned $1.75 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, research analysts predict that Honeywell International Inc. will post 7.98 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 7th. Stockholders of record on Friday, November 16th were given a dividend of $0.82 per share. This is a boost from Honeywell International’s previous quarterly dividend of $0.75. This represents a $3.28 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Thursday, November 15th. Honeywell International’s dividend payout ratio is currently 46.13%.

A number of equities research analysts recently commented on HON shares. Citigroup set a $186.00 price objective on Honeywell International and gave the company a “buy” rating in a report on Tuesday, October 30th. Gordon Haskett started coverage on Honeywell International in a report on Friday, October 12th. They issued a “buy” rating for the company. Zacks Investment Research downgraded Honeywell International from a “hold” rating to a “strong sell” rating in a report on Thursday, October 25th. UBS Group upped their price objective on Honeywell International from $180.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, August 30th. Finally, Deutsche Bank increased their price target on Honeywell International from $168.00 to $182.00 and gave the stock a “buy” rating in a report on Friday, September 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $172.90.

In other news, VP Krishna Mikkilineni sold 28,281 shares of the company’s stock in a transaction dated Friday, November 23rd. The stock was sold at an average price of $143.61, for a total transaction of $4,061,434.41. Following the completion of the transaction, the vice president now directly owns 91,829 shares of the company’s stock, valued at $13,187,562.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director D Scott Davis sold 3,963 shares of the company’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $149.11, for a total value of $590,922.93. Following the transaction, the director now directly owns 25,764 shares of the company’s stock, valued at $3,841,670.04. The disclosure for this sale can be found here. Insiders have sold 45,644 shares of company stock valued at $6,597,099 over the last ninety days. 1.33% of the stock is owned by insiders.

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Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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

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