King Luther Capital Management Corp lifted its position in shares of Honeywell International Inc. (NYSE:HON) by 0.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,645,577 shares of the conglomerate’s stock after buying an additional 3,217 shares during the period. Honeywell International makes up 1.9% of King Luther Capital Management Corp’s holdings, making the stock its 9th largest holding. King Luther Capital Management Corp’s holdings in Honeywell International were worth $237,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. CX Institutional purchased a new stake in shares of Honeywell International during the 2nd quarter worth approximately $100,000. Well Done LLC purchased a new stake in shares of Honeywell International during the 1st quarter worth approximately $103,000. Jolley Asset Management LLC purchased a new stake in shares of Honeywell International during the 2nd quarter worth approximately $104,000. Bruderman Asset Management LLC purchased a new stake in shares of Honeywell International during the 1st quarter worth approximately $114,000. Finally, McKinley Carter Wealth Services Inc. purchased a new stake in shares of Honeywell International during the 1st quarter worth approximately $125,000. 74.64% of the stock is currently owned by institutional investors and hedge funds.

Shares of Honeywell International stock opened at $163.89 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.38 and a quick ratio of 1.11. Honeywell International Inc. has a 1 year low of $136.86 and a 1 year high of $165.13. The company has a market cap of $121.09 billion, a P/E ratio of 23.05, a P/E/G ratio of 1.89 and a beta of 1.01.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, July 20th. The conglomerate reported $2.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.01 by $0.11. Honeywell International had a return on equity of 31.46% and a net margin of 3.88%. The firm had revenue of $10.92 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the previous year, the firm posted $1.80 EPS. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. analysts forecast that Honeywell International Inc. will post 8.15 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 7th. Investors of record on Friday, August 17th were given a dividend of $0.745 per share. The ex-dividend date of this dividend was Thursday, August 16th. This represents a $2.98 annualized dividend and a dividend yield of 1.82%. Honeywell International’s dividend payout ratio is currently 41.91%.

HON has been the topic of several research analyst reports. Citigroup boosted their price target on Honeywell International from $191.00 to $196.00 and gave the stock a “$153.70” rating in a research note on Monday, July 23rd. JPMorgan Chase & Co. boosted their price target on Honeywell International from $168.00 to $170.00 and gave the stock a “$153.70” rating in a research note on Monday, July 23rd. Barclays boosted 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, MED began coverage on Honeywell International in a research report on Thursday, July 12th. They set a “buy” rating and a $166.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $172.94.

In other Honeywell International news, insider Vimal Kapur sold 9,996 shares of the business’s stock in a transaction on Friday, July 27th. The stock was sold at an average price of $159.25, for a total value of $1,591,863.00. Following the completion of the transaction, the insider now directly owns 16,131 shares in the company, valued at approximately $2,568,861.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linnet F. Deily sold 3,066 shares of the business’s stock in a transaction on Monday, July 30th. The shares were sold at an average price of $158.12, for a total value of $484,795.92. Following the completion of the transaction, the director now owns 11,787 shares of the company’s stock, valued at $1,863,760.44. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.

Honeywell International Company 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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