Riverhead Capital Management LLC grew its position in shares of Honeywell International Inc. (NYSE:HON) by 7.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 19,179 shares of the conglomerate’s stock after acquiring an additional 1,305 shares during the period. Riverhead Capital Management LLC’s holdings in Honeywell International were worth $3,191,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of HON. American Century Companies Inc. grew its holdings in shares of Honeywell International by 76.2% during the 3rd quarter. American Century Companies Inc. now owns 1,559,164 shares of the conglomerate’s stock worth $259,445,000 after acquiring an additional 674,377 shares during the period. Chevy Chase Trust Holdings Inc. purchased a new position in shares of Honeywell International during the 2nd quarter worth approximately $91,840,000. Bank of Montreal Can grew its holdings in shares of Honeywell International by 79.6% during the 3rd quarter. Bank of Montreal Can now owns 1,296,521 shares of the conglomerate’s stock worth $213,439,000 after acquiring an additional 574,501 shares during the period. Panagora Asset Management Inc. grew its holdings in shares of Honeywell International by 70.6% during the 3rd quarter. Panagora Asset Management Inc. now owns 1,221,154 shares of the conglomerate’s stock worth $203,200,000 after acquiring an additional 505,227 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of Honeywell International by 1,011.2% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 518,603 shares of the conglomerate’s stock worth $86,296,000 after acquiring an additional 471,934 shares during the period. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Several research firms recently weighed in on HON. Credit Suisse Group cut their price target on Honeywell International from $165.00 to $158.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 30th. Citigroup set a $186.00 price target on Honeywell International and gave the stock a “buy” rating in a research note on Tuesday, October 30th. Zacks Investment Research downgraded Honeywell International from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 25th. UBS Group upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd. Finally, restated an “outperform” rating and issued a $177.00 price target (down previously from $184.00) on shares of Honeywell International in a research note on Tuesday, October 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $172.90.

Shares of HON opened at $138.71 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. Honeywell International Inc. has a 12 month low of $137.14 and a 12 month high of $167.72. The firm has a market cap of $104.80 billion, a price-to-earnings ratio of 19.51, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04.

Honeywell International (NYSE:HON) last issued its earnings results on Friday, October 19th. The conglomerate reported $2.03 EPS for the quarter, beating the consensus estimate of $1.99 by $0.04. Honeywell International had a return on equity of 33.69% and a net margin of 6.13%. The business had revenue of $10.76 billion for the quarter, compared to the consensus estimate of $10.75 billion. During the same period last year, the business posted $1.75 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts expect that Honeywell International Inc. will post 7.98 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 7th. Shareholders of record on Friday, November 16th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 2.36%. This is an increase from Honeywell International’s previous quarterly dividend of $0.75. The ex-dividend date was Thursday, November 15th. Honeywell International’s dividend payout ratio (DPR) is currently 46.13%.

In other Honeywell International news, Director D Scott Davis sold 3,963 shares of the stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $149.11, for a total transaction of $590,922.93. Following the sale, the director now directly owns 25,764 shares in the company, valued at approximately $3,841,670.04. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Krishna Mikkilineni sold 28,281 shares of the stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $143.61, for a total value of $4,061,434.41. Following the sale, the vice president now owns 91,829 shares in the company, valued at $13,187,562.69. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,644 shares of company stock worth $6,597,099. Company insiders own 1.33% of the company’s stock.

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Honeywell International 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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