People s United Financial Inc. trimmed its position in shares of Honeywell International Inc. (NYSE:HON) by 0.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,342 shares of the conglomerate’s stock after selling 1,200 shares during the period. Honeywell International comprises approximately 1.1% of People s United Financial Inc.’s portfolio, making the stock its 18th biggest holding. People s United Financial Inc.’s holdings in Honeywell International were worth $35,648,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in HON. Concentric Wealth Management LLC bought a new position in Honeywell International during the third quarter valued at about $216,000. Integrated Wealth Concepts LLC bought a new position in Honeywell International during the third quarter valued at about $248,000. Pettyjohn Wood & White Inc. raised its holdings in Honeywell International by 2.3% during the third quarter. Pettyjohn Wood & White Inc. now owns 32,219 shares of the conglomerate’s stock valued at $5,361,000 after buying an additional 727 shares in the last quarter. Columbia Partners L.L.C. Investment Management raised its holdings in Honeywell International by 150.0% during the third quarter. Columbia Partners L.L.C. Investment Management now owns 6,493 shares of the conglomerate’s stock valued at $1,080,000 after buying an additional 3,896 shares in the last quarter. Finally, Honkamp Krueger Financial Services Inc. grew its position in shares of Honeywell International by 15.5% in the third quarter. Honkamp Krueger Financial Services Inc. now owns 3,719 shares of the conglomerate’s stock valued at $619,000 after purchasing an additional 498 shares during the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

In related news, Director Jaime Chico /Fa Pardo sold 13,400 shares of Honeywell International stock in a transaction dated Wednesday, November 21st. The stock was sold at an average price of $145.13, for a total transaction of $1,944,742.00. Following the sale, the director now directly owns 13,607 shares of the company’s stock, valued at $1,974,783.91. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Krishna Mikkilineni sold 28,281 shares of Honeywell International stock in a transaction dated Friday, November 23rd. The stock was sold at an average price of $143.61, for a total value of $4,061,434.41. Following the sale, the vice president now directly 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 three months, insiders have sold 45,644 shares of company stock worth $6,597,099. 1.33% of the stock is owned by company insiders.

HON has been the topic of several research analyst reports. Gordon Haskett initiated coverage on Honeywell International in a research report on Friday, October 12th. They issued a “buy” rating on the stock. Morgan Stanley set a $170.00 price target on Honeywell International and gave the company a “buy” rating in a research report on Monday, October 22nd. Credit Suisse Group lowered their price target on Honeywell International from $165.00 to $158.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 30th. Oppenheimer raised their price target on Honeywell International from $172.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, September 26th. Finally, Cowen reaffirmed a “buy” rating and issued a $168.00 price target on shares of Honeywell International in a research report on Friday, August 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $172.90.

HON stock opened at $142.68 on Wednesday. Honeywell International Inc. has a twelve month low of $139.30 and a twelve month high of $167.72. The stock has a market cap of $108.64 billion, a P/E ratio of 20.07, a PEG ratio of 1.90 and a beta of 1.04. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.20 and a current ratio of 1.49.

Honeywell International (NYSE:HON) last released its earnings results on Friday, October 19th. The conglomerate reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates 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 earned $1.75 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, sell-side analysts predict that Honeywell International Inc. will post 7.98 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 7th. Investors of record on Friday, November 16th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $0.75. This represents a $3.28 dividend on an annualized basis and a yield of 2.30%. Honeywell International’s dividend payout ratio (DPR) is 46.13%.

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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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