Honeywell International Inc. (NYSE:HON) Shares Purchased by Diversified Trust Co

Diversified Trust Co boosted its holdings in Honeywell International Inc. (NYSE:HON) by 6.4% during the third quarter, HoldingsChannel reports. The fund owned 12,969 shares of the conglomerate’s stock after buying an additional 776 shares during the period. Diversified Trust Co’s holdings in Honeywell International were worth $2,194,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HON. SevenBridge Financial Group LLC boosted its stake in shares of Honeywell International by 0.5% during the second quarter. SevenBridge Financial Group LLC now owns 11,535 shares of the conglomerate’s stock worth $2,014,000 after buying an additional 60 shares during the period. Claro Advisors LLC boosted its stake in shares of Honeywell International by 0.8% during the second quarter. Claro Advisors LLC now owns 7,794 shares of the conglomerate’s stock worth $1,361,000 after buying an additional 60 shares during the period. Financial Advocates Investment Management boosted its stake in shares of Honeywell International by 0.8% during the second quarter. Financial Advocates Investment Management now owns 7,309 shares of the conglomerate’s stock worth $1,276,000 after buying an additional 60 shares during the period. Ontario Teachers Pension Plan Board raised its holdings in Honeywell International by 1.4% during the second quarter. Ontario Teachers Pension Plan Board now owns 4,292 shares of the conglomerate’s stock worth $749,000 after purchasing an additional 60 shares in the last quarter. Finally, Claraphi Advisory Network LLC raised its holdings in Honeywell International by 1.3% during the second quarter. Claraphi Advisory Network LLC now owns 4,853 shares of the conglomerate’s stock worth $847,000 after purchasing an additional 61 shares in the last quarter. 75.77% of the stock is currently owned by institutional investors.

Honeywell International stock traded up $0.44 during mid-day trading on Wednesday, reaching $159.06. The company had a trading volume of 156,341 shares, compared to its average volume of 2,745,469. Honeywell International Inc. has a 1 year low of $123.48 and a 1 year high of $178.47. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.19 and a quick ratio of 0.96. The company has a market capitalization of $117.41 billion, a P/E ratio of 19.86, a P/E/G ratio of 2.18 and a beta of 1.10. The stock’s 50-day simple moving average is $165.25 and its 200-day simple moving average is $168.07.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.08 by $0.02. Honeywell International had a net margin of 18.17% and a return on equity of 32.02%. The company had revenue of $9.24 billion during the quarter, compared to analysts’ expectations of $9.37 billion. During the same period last year, the company posted $2.12 earnings per share. The firm’s quarterly revenue was down 15.3% compared to the same quarter last year. On average, equities analysts forecast that Honeywell International Inc. will post 8.09 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.26%. This is a boost from Honeywell International’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, November 14th. Honeywell International’s dividend payout ratio (DPR) is 40.95%.

In other news, CEO Rajeev Gautam sold 10,984 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $163.88, for a total transaction of $1,800,057.92. Following the completion of the transaction, the chief executive officer now directly owns 28,920 shares of the company’s stock, valued at approximately $4,739,409.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Darius Adamczyk sold 7,149 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $165.08, for a total transaction of $1,180,156.92. Following the transaction, the chairman now directly owns 75,521 shares of the company’s stock, valued at $12,467,006.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,133 shares of company stock valued at $4,141,655. Corporate insiders own 0.73% of the company’s stock.

Several research firms recently issued reports on HON. Credit Suisse Group increased their price target on shares of Honeywell International from $185.00 to $187.00 and gave the stock an “outperform” rating in a report on Friday, July 19th. Morgan Stanley cut their price target on shares of Honeywell International from $188.00 to $185.00 and set an “overweight” rating for the company in a report on Friday, September 27th. Jefferies Financial Group increased their price target on shares of Honeywell International from $190.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, July 19th. Citigroup increased their price target on shares of Honeywell International from $189.00 to $197.00 and gave the stock a “buy” rating in a report on Monday, September 9th. Finally, Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $182.00 price target for the company in a report on Monday, July 22nd. Three research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $185.40.

About Honeywell International

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.

Featured Story: Penny Stocks, What You Need To Know

Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NYSE:HON).

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

Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.