Everett Harris & Co. CA cut its holdings in Honeywell International Inc. (NYSE:HON) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,142 shares of the conglomerate’s stock after selling 1,238 shares during the quarter. Everett Harris & Co. CA’s holdings in Honeywell International were worth $888,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HON. Eagle Global Advisors LLC lifted its position in shares of Honeywell International by 2.1% during the first quarter. Eagle Global Advisors LLC now owns 90,632 shares of the conglomerate’s stock worth $12,126,000 after purchasing an additional 1,906 shares in the last quarter. BDO Wealth Advisors LLC lifted its holdings in Honeywell International by 409.9% during the 1st quarter. BDO Wealth Advisors LLC now owns 1,285 shares of the conglomerate’s stock worth $172,000 after buying an additional 1,033 shares in the last quarter. Cullen Capital Management LLC bought a new position in Honeywell International in the 1st quarter valued at $7,324,000. Kovack Advisors Inc. boosted its holdings in Honeywell International by 7.2% in the first quarter. Kovack Advisors Inc. now owns 9,958 shares of the conglomerate’s stock valued at $1,332,000 after acquiring an additional 672 shares during the last quarter. Finally, Lucia Wealth Services LLC lifted its position in Honeywell International by 2.9% during the 2nd quarter. Lucia Wealth Services LLC now owns 2,672 shares of the conglomerate’s stock valued at $386,000 after purchasing an additional 76 shares during the period. 76.31% of the stock is owned by institutional investors and hedge funds.

HON has been the subject of a number of recent research reports. UBS Group dropped their price target on shares of Honeywell International from $143.00 to $136.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Robert W. Baird upped their target price on shares of Honeywell International from $150.00 to $167.00 in a research report on Monday, July 27th. JPMorgan Chase & Co. raised their price target on Honeywell International from $177.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Cowen began coverage on Honeywell International in a report on Sunday, July 26th. They issued a “buy” rating and a $160.00 price objective for the company. Finally, Oppenheimer reissued a “hold” rating on shares of Honeywell International in a research note on Friday, May 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $160.06.

Shares of HON stock opened at $149.37 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.36 and a current ratio of 1.63. Honeywell International Inc. has a 52 week low of $101.08 and a 52 week high of $184.06. The company’s 50 day moving average price is $146.81 and its two-hundred day moving average price is $150.80. The company has a market capitalization of $104.69 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 2.80 and a beta of 1.03.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, July 24th. The conglomerate reported $1.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.15 by $0.11. The company had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.28 billion. Honeywell International had a net margin of 16.94% and a return on equity of 29.93%. The firm’s revenue was down 19.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.10 earnings per share. Analysts forecast that Honeywell International Inc. will post 6.92 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be issued a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.41%. Honeywell International’s dividend payout ratio (DPR) is 44.12%.

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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