Honeywell International Inc. (HON) Shares Sold by D L Carlson Investment Group Inc.

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D L Carlson Investment Group Inc. decreased its stake in shares of Honeywell International Inc. (NYSE:HON) by 4.6% during the 2nd quarter, Holdings Channel reports. The firm owned 7,922 shares of the conglomerate’s stock after selling 380 shares during the quarter. D L Carlson Investment Group Inc.’s holdings in Honeywell International were worth $1,141,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HON. Riverhead Capital Management LLC increased its stake in shares of Honeywell International by 38.6% in the second quarter. Riverhead Capital Management LLC now owns 17,874 shares of the conglomerate’s stock valued at $2,575,000 after purchasing an additional 4,975 shares during the period. Meadow Creek Investment Management LLC increased its stake in shares of Honeywell International by 10.3% in the second quarter. Meadow Creek Investment Management LLC now owns 11,312 shares of the conglomerate’s stock valued at $1,630,000 after purchasing an additional 1,056 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of Honeywell International by 2.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 77,714 shares of the conglomerate’s stock valued at $11,194,000 after purchasing an additional 2,065 shares during the period. Great West Life Assurance Co. Can increased its stake in shares of Honeywell International by 3.9% in the second quarter. Great West Life Assurance Co. Can now owns 594,063 shares of the conglomerate’s stock valued at $85,601,000 after purchasing an additional 22,031 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Honeywell International by 3.6% in the second quarter. Dimensional Fund Advisors LP now owns 2,159,594 shares of the conglomerate’s stock valued at $311,083,000 after purchasing an additional 74,703 shares during the period. 74.64% of the stock is currently owned by institutional investors and hedge funds.

NYSE HON opened at $161.79 on Thursday. Honeywell International Inc. has a 12 month low of $136.17 and a 12 month high of $165.13. The company has a current ratio of 1.38, a quick ratio of 1.11 and a debt-to-equity ratio of 0.70. The company has a market cap of $118.12 billion, a P/E ratio of 22.76, a P/E/G ratio of 1.85 and a beta of 1.01.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Friday, July 20th. The conglomerate reported $2.12 EPS for the quarter, beating the Zacks’ consensus estimate of $2.01 by $0.11. Honeywell International had a net margin of 3.88% and a return on equity of 31.46%. The business had revenue of $10.92 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter last year, the business earned $1.80 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. sell-side analysts predict that Honeywell International Inc. will post 8.15 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Friday, August 17th will be paid a dividend of $0.745 per share. The ex-dividend date is Thursday, August 16th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.84%. Honeywell International’s dividend payout ratio is presently 41.91%.

Several equities research analysts have commented on the stock. MED assumed coverage on shares of Honeywell International in a research note on Thursday, July 12th. They issued a “buy” rating and a $166.00 price target on the stock. ValuEngine upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Tuesday, July 31st. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research note on Tuesday, July 31st. Barclays raised their price target on shares of Honeywell International from $176.00 to $178.00 and gave the company an “overweight” rating in a research note on Friday, August 24th. Finally, Citigroup raised their price target on shares of Honeywell International from $191.00 to $196.00 and gave the company a “$153.70” rating in a research note on Monday, July 23rd. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Honeywell International presently has a consensus rating of “Buy” and a consensus price target of $172.94.

In other Honeywell International news, insider Vimal Kapur sold 9,996 shares of Honeywell International stock in a transaction that occurred on Friday, July 27th. The shares were sold at an average price of $159.25, for a total value of $1,591,863.00. Following the transaction, the insider now owns 16,131 shares in the company, valued at $2,568,861.75. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Linnet F. Deily sold 3,066 shares of Honeywell International stock in a transaction that occurred on Monday, July 30th. The stock was sold at an average price of $158.12, for a total transaction of $484,795.92. Following the completion of the transaction, the director now owns 11,787 shares in the company, valued at approximately $1,863,760.44. The disclosure for this sale can be found here. 1.33% of the stock is owned by company insiders.

Honeywell International Company 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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