San Francisco Sentry Investment Group CA reduced its holdings in Honeywell International Inc. (NYSE:HON) by 29.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 19,440 shares of the conglomerate’s stock after selling 7,986 shares during the period. Honeywell International makes up about 1.2% of San Francisco Sentry Investment Group CA’s portfolio, making the stock its 13th biggest position. San Francisco Sentry Investment Group CA’s holdings in Honeywell International were worth $2,801,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wagner Wealth Management LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth about $101,000. CX Institutional purchased a new stake in shares of Honeywell International during the 2nd quarter worth about $100,000. Well Done LLC purchased a new stake in shares of Honeywell International during the 1st quarter worth about $103,000. Jolley Asset Management LLC purchased a new stake in shares of Honeywell International during the 2nd quarter worth about $104,000. Finally, Bruderman Asset Management LLC purchased a new stake in shares of Honeywell International during the 1st quarter worth about $114,000. 74.59% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE HON opened at $155.17 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.11 and a debt-to-equity ratio of 0.70. The stock has a market cap of $113.69 billion, a PE ratio of 21.82, a P/E/G ratio of 1.78 and a beta of 1.03. Honeywell International Inc. has a 52 week low of $134.50 and a 52 week high of $165.13.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, July 20th. The conglomerate reported $2.12 EPS for the quarter, beating the Zacks’ consensus estimate of $2.01 by $0.11. The business had revenue of $10.92 billion for the quarter, compared to analyst estimates of $10.80 billion. Honeywell International had a return on equity of 31.46% and a net margin of 3.88%. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.80 EPS. research analysts expect that Honeywell International Inc. will post 8.14 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 7th. Stockholders of record on Friday, August 17th will be issued a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Thursday, August 16th. Honeywell International’s dividend payout ratio is 41.91%.

A number of equities research analysts have recently weighed in on HON shares. Zacks Investment Research raised Honeywell International from a “hold” rating to a “buy” rating and set a $166.00 price target for the company in a research note on Monday, May 21st. ValuEngine downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Wednesday, May 2nd. Barclays raised their price target on Honeywell International from $172.00 to $176.00 and gave the stock a “$153.70” rating in a research note on Monday, July 23rd. Deutsche Bank set a $166.00 price target on Honeywell International and gave the stock a “buy” rating in a research note on Thursday, July 12th. Finally, Wolfe Research started coverage on Honeywell International in a research note on Wednesday, June 27th. They set an “outperform” rating and a $170.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $170.29.

In other news, Director Jaime Chico /Fa Pardo sold 3,426 shares of the stock in a transaction dated Friday, May 25th. The stock was sold at an average price of $150.59, for a total transaction of $515,921.34. Following the transaction, the director now owns 43,773 shares of the company’s stock, valued at approximately $6,591,776.07. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Linnet F. Deily sold 3,066 shares of the stock in a transaction dated Monday, July 30th. The shares were sold at an average price of $158.12, for a total value of $484,795.92. Following the transaction, the director now directly owns 11,787 shares in the company, valued at approximately $1,863,760.44. The disclosure for this sale can be found here. In the last three months, insiders have sold 130,977 shares of company stock worth $19,788,828. 1.33% of the stock is currently owned by insiders.

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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