Paragon Capital Management LLC cut its stake in shares of Honeywell International Inc. (NYSE:HON) by 5.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,845 shares of the conglomerate’s stock after selling 105 shares during the quarter. Paragon Capital Management LLC’s holdings in Honeywell International were worth $322,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HON. SevenBridge Financial Group LLC lifted its holdings in shares of Honeywell International by 0.5% in the second quarter. SevenBridge Financial Group LLC now owns 11,535 shares of the conglomerate’s stock valued at $2,014,000 after buying an additional 60 shares during the period. Claro Advisors LLC boosted its stake in Honeywell International by 0.8% during the 2nd quarter. Claro Advisors LLC now owns 7,794 shares of the conglomerate’s stock worth $1,361,000 after purchasing an additional 60 shares during the last quarter. Claraphi Advisory Network LLC boosted its stake in Honeywell International by 1.3% during the 2nd quarter. Claraphi Advisory Network LLC now owns 4,853 shares of the conglomerate’s stock worth $847,000 after purchasing an additional 61 shares during the last quarter. Searle & CO. boosted its stake in Honeywell International by 0.3% during the 1st quarter. Searle & CO. now owns 19,648 shares of the conglomerate’s stock worth $3,122,000 after purchasing an additional 62 shares during the last quarter. Finally, Nwam LLC boosted its stake in Honeywell International by 1.5% during the 2nd quarter. Nwam LLC now owns 4,503 shares of the conglomerate’s stock worth $786,000 after purchasing an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 77.48% of the company’s stock.

In other Honeywell International news, Chairman Darius Adamczyk sold 7,149 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $165.08, for a total value of $1,180,156.92. Following the transaction, the chairman now owns 75,521 shares of the company’s stock, valued at $12,467,006.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jaime Chico Pardo sold 7,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $165.92, for a total transaction of $1,161,440.00. Following the completion of the transaction, the director now directly owns 7,103 shares in the company, valued at approximately $1,178,529.76. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,133 shares of company stock worth $4,141,655. Corporate insiders own 0.73% of the company’s stock.

Shares of HON stock traded down $3.44 on Friday, hitting $159.46. 41,106 shares of the stock traded hands, compared to its average volume of 2,236,476. The firm’s 50-day moving average price is $170.65 and its two-hundred day moving average price is $165.16. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.96 and a current ratio of 1.19. The stock has a market capitalization of $117.62 billion, a PE ratio of 19.87, a PEG ratio of 2.18 and a beta of 1.09. Honeywell International Inc. has a twelve month low of $123.48 and a twelve month high of $178.47.

Honeywell International (NYSE:HON) last announced its quarterly earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.02. The firm had revenue of $9.24 billion for the quarter, compared to analysts’ expectations of $9.37 billion. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The company’s revenue was down 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS. On average, equities research analysts anticipate that Honeywell International Inc. will post 8.1 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Friday, August 16th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.28 annualized dividend and a dividend yield of 2.06%. Honeywell International’s payout ratio is 40.95%.

Several equities research analysts have issued reports on HON shares. Citigroup set a $197.00 target price on shares of Honeywell International and gave the stock a “buy” rating in a research note on Friday, July 19th. Morgan Stanley lifted their target price on shares of Honeywell International from $183.00 to $188.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Cowen reaffirmed a “buy” rating and set a $180.00 target price on shares of Honeywell International in a research note on Friday, August 2nd. Credit Suisse Group lifted their target price on shares of Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a research note on Friday, July 19th. Finally, Royal Bank of Canada set a $177.00 target price on shares of Honeywell International and gave the stock a “buy” rating in a research note on Friday, July 19th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $184.08.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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

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