BLB&B Advisors LLC continued to hold its stake in shares of Honeywell International Inc. (NYSE:HON) during the second quarter, Holdings Channel reports. The firm owned 27,656 shares of the conglomerate’s stock at the end of the second quarter. BLB&B Advisors LLC’s holdings in Honeywell International were worth $3,453,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in shares of Honeywell International by 8.8% in the first quarter. Ameriprise Financial Inc. now owns 9,594,726 shares of the conglomerate’s stock valued at $1,198,584,000 after buying an additional 773,734 shares during the last quarter. Clearbridge Investments LLC increased its stake in shares of Honeywell International by 69.2% in the first quarter. Clearbridge Investments LLC now owns 5,171,598 shares of the conglomerate’s stock valued at $645,777,000 after buying an additional 2,114,627 shares during the last quarter. Swiss National Bank increased its stake in shares of Honeywell International by 27.4% in the first quarter. Swiss National Bank now owns 2,565,473 shares of the conglomerate’s stock valued at $320,351,000 after buying an additional 552,100 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Honeywell International by 4.8% in the first quarter. Schwab Charles Investment Management Inc. now owns 2,343,756 shares of the conglomerate’s stock valued at $292,665,000 after buying an additional 106,870 shares during the last quarter. Finally, AGF Investments Inc. increased its stake in shares of Honeywell International by 5.5% in the first quarter. AGF Investments Inc. now owns 2,044,066 shares of the conglomerate’s stock valued at $255,029,000 after buying an additional 105,943 shares during the last quarter. Institutional investors and hedge funds own 76.49% of the company’s stock.

Shares of Honeywell International Inc. (NYSE HON) traded down 0.57% during midday trading on Tuesday, hitting $137.48. 651,992 shares of the stock traded hands. The company has a market capitalization of $104.56 billion, a P/E ratio of 21.32 and a beta of 0.94. The stock has a 50 day moving average of $136.05 and a 200 day moving average of $129.73. Honeywell International Inc. has a 1-year low of $105.25 and a 1-year high of $140.21.

Honeywell International (NYSE:HON) last released its earnings results on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.02. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.89 billion. Honeywell International had a return on equity of 27.40% and a net margin of 13.89%. Honeywell International’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.70 EPS. Equities research analysts predict that Honeywell International Inc. will post $7.10 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be issued a dividend of $0.665 per share. This represents a $2.66 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Wednesday, August 16th. Honeywell International’s dividend payout ratio (DPR) is currently 41.24%.

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HON has been the topic of several research analyst reports. BidaskClub upgraded shares of Honeywell International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Zacks Investment Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday. Oppenheimer Holdings, Inc. raised their price objective on shares of Honeywell International from $148.00 to $155.00 and gave the stock an “outperform” rating in a research note on Monday, July 24th. Credit Suisse Group restated a “neutral” rating and issued a $139.00 price objective (up previously from $131.00) on shares of Honeywell International in a research note on Tuesday, July 25th. Finally, Morgan Stanley restated an “overweight” rating and issued a $141.00 price objective (up previously from $137.00) on shares of Honeywell International in a research note on Thursday, June 22nd. Two analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $139.17.

In other news, Director Bradley T. Sheares sold 3,430 shares of the stock in a transaction on Friday, May 19th. The stock was sold at an average price of $131.71, for a total transaction of $451,765.30. Following the sale, the director now directly owns 8,731 shares of the company’s stock, valued at approximately $1,149,960.01. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Linnet F. Deily sold 4,344 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $138.47, for a total value of $601,513.68. Following the sale, the director now directly owns 9,753 shares in the company, valued at $1,350,497.91. The disclosure for this sale can be found here. Over the last three months, insiders have sold 473,229 shares of company stock worth $64,546,642. 1.56% of the stock is currently owned by insiders.

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.

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

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