Canandaigua National Bank & Trust Co. trimmed its position in shares of Honeywell International Inc. (NYSE:HON) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,783 shares of the conglomerate’s stock after selling 255 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in Honeywell International were worth $1,837,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. DekaBank Deutsche Girozentrale increased its position in shares of Honeywell International by 5.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 217,832 shares of the conglomerate’s stock valued at $29,184,000 after buying an additional 11,091 shares during the period. Edgestream Partners L.P. increased its position in shares of Honeywell International by 331.4% during the first quarter. Edgestream Partners L.P. now owns 13,555 shares of the conglomerate’s stock valued at $1,693,000 after buying an additional 10,413 shares during the period. Acadian Asset Management LLC increased its position in shares of Honeywell International by 80.2% during the second quarter. Acadian Asset Management LLC now owns 33,290 shares of the conglomerate’s stock valued at $4,436,000 after buying an additional 14,816 shares during the period. Buckingham Capital Management Inc. increased its position in shares of Honeywell International by 3.1% during the first quarter. Buckingham Capital Management Inc. now owns 25,462 shares of the conglomerate’s stock valued at $3,179,000 after buying an additional 766 shares during the period. Finally, Mason Street Advisors LLC increased its position in shares of Honeywell International by 0.9% during the first quarter. Mason Street Advisors LLC now owns 105,191 shares of the conglomerate’s stock valued at $13,135,000 after buying an additional 936 shares during the period. 75.93% of the stock is owned by hedge funds and other institutional investors.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The firm had revenue of $10.12 billion for the quarter, compared to the consensus estimate of $10.05 billion. During the same quarter in the previous year, the firm earned $1.60 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be given a $0.745 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.05%. This is an increase from Honeywell International’s previous quarterly dividend of $0.67. Honeywell International’s payout ratio is presently 40.30%.

In other news, insider Rajeev Gautam sold 5,840 shares of Honeywell International stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $136.68, for a total value of $798,211.20. Following the transaction, the insider now owns 16,597 shares of the company’s stock, valued at approximately $2,268,477.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Linnet F. Deily sold 4,344 shares of Honeywell International stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $138.47, for a total transaction of $601,513.68. Following the completion of the transaction, the director now directly owns 9,753 shares in the company, valued at approximately $1,350,497.91. The disclosure for this sale can be found here. 1.56% of the stock is owned by insiders.

Several equities analysts recently issued reports on the stock. Zacks Investment Research cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Cowen and Company reiterated an “outperform” rating and set a $150.00 price target (up previously from $140.00) on shares of Honeywell International in a research report on Tuesday, August 8th. Jefferies Group LLC reiterated a “buy” rating and set a $155.00 price target on shares of Honeywell International in a research report on Tuesday, August 22nd. BidaskClub upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, August 6th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $139.00 price target (up previously from $131.00) on shares of Honeywell International in a research report on Tuesday, July 25th. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $150.79.

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About Honeywell International

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.

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

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