Honeywell International Inc. (NYSE:HON) Stake Reduced by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its position in shares of Honeywell International Inc. (NYSE:HON) by 3.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,200,807 shares of the conglomerate’s stock after selling 42,012 shares during the period. Asset Management One Co. Ltd. owned 0.16% of Honeywell International worth $149,985,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Hanson McClain Inc. raised its position in Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock worth $101,000 after buying an additional 3 shares in the last quarter. Weatherly Asset Management L. P. raised its position in Honeywell International by 0.3% in the first quarter. Weatherly Asset Management L. P. now owns 2,496 shares of the conglomerate’s stock worth $312,000 after buying an additional 8 shares in the last quarter. Hudock Capital Group LLC raised its position in Honeywell International by 0.3% in the first quarter. Hudock Capital Group LLC now owns 4,027 shares of the conglomerate’s stock worth $502,000 after buying an additional 14 shares in the last quarter. BKD Wealth Advisors LLC raised its position in Honeywell International by 0.4% in the first quarter. BKD Wealth Advisors LLC now owns 4,547 shares of the conglomerate’s stock worth $568,000 after buying an additional 18 shares in the last quarter. Finally, Point View Wealth Management Inc. raised its stake in shares of Honeywell International by 1.0% in the first quarter. Point View Wealth Management Inc. now owns 1,871 shares of the conglomerate’s stock worth $234,000 after buying an additional 19 shares during the period. Hedge funds and other institutional investors own 76.49% of the company’s stock.

Shares of Honeywell International Inc. (NYSE:HON) opened at 134.95 on Friday. The firm has a market cap of $102.64 billion, a PE ratio of 20.93 and a beta of 0.94. Honeywell International Inc. has a 52 week low of $105.25 and a 52 week high of $140.21. The firm has a 50-day moving average of $136.42 and a 200-day moving average of $130.09.

Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.02. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.89 billion. During the same quarter in the previous year, the company posted $1.70 EPS. The company’s revenue was up .9% compared to the same quarter last year. On average, analysts expect that Honeywell International Inc. will post $7.09 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 18th will be paid a $0.665 dividend. This represents a $2.66 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Wednesday, August 16th. Honeywell International’s payout ratio is 41.24%.

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HON has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a report on Thursday. Morgan Stanley boosted their price objective on shares of Honeywell International from $141.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday. Cowen and Company restated an “outperform” rating and set a $150.00 price objective (up previously from $140.00) on shares of Honeywell International in a report on Tuesday, August 8th. BidaskClub upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Finally, Credit Suisse Group restated a “neutral” rating and set a $139.00 price objective (up previously from $131.00) on shares of Honeywell International in a report on Tuesday, July 25th. One analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $139.64.

In related news, Director Linnet F. Deily sold 4,344 shares of the business’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $138.47, for a total transaction of $601,513.68. Following the completion of the transaction, the director now owns 9,753 shares in the company, valued at approximately $1,350,497.91. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Timothy O. Mahoney sold 341,701 shares of the business’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $138.08, for a total value of $47,182,074.08. Following the transaction, the insider now owns 294,155 shares of the company’s stock, valued at approximately $40,616,922.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 469,799 shares of company stock worth $64,094,877. Corporate insiders own 1.56% of the company’s stock.

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.

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

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