Traders sold shares of Honeywell International Inc. (NYSE:HON) on strength during trading on Tuesday. $58.37 million flowed into the stock on the tick-up and $118.23 million flowed out of the stock on the tick-down, for a money net flow of $59.86 million out of the stock. Of all companies tracked, Honeywell International had the 0th highest net out-flow for the day. Honeywell International traded up $0.08 for the day and closed at $137.75

Several research firms have commented on HON. Royal Bank Of Canada reiterated a “buy” rating on shares of Honeywell International in a research note on Friday, May 26th. HSBC Holdings plc began coverage on Honeywell International in a research note on Wednesday, June 21st. They set a “buy” rating and a $147.00 price objective for the company. BidaskClub upgraded Honeywell International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Morgan Stanley reiterated an “overweight” rating and set a $141.00 price objective (up from $137.00) on shares of Honeywell International in a research note on Thursday, June 22nd. Finally, Zacks Investment Research upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research note on Wednesday, June 28th. Two investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $141.24.

The stock’s 50 day moving average price is $137.60 and its 200-day moving average price is $132.42. The company has a market capitalization of $105.48 billion, a price-to-earnings ratio of 21.51 and a beta of 0.94.

Honeywell International (NYSE:HON) last released its earnings results on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. During the same period in the previous year, the company earned $1.70 EPS. Honeywell International’s revenue for the quarter was up .9% on a year-over-year basis. Equities research analysts predict that Honeywell International Inc. will post $7.09 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 18th were paid a dividend of $0.665 per share. The ex-dividend date was Wednesday, August 16th. This represents a $2.66 annualized dividend and a dividend yield of 1.92%. Honeywell International’s dividend payout ratio is presently 41.24%.

In other news, VP Jennifer H. Mak sold 420 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $136.66, for a total transaction of $57,397.20. Following the completion of the sale, the vice president now directly owns 1,363 shares of the company’s stock, valued at approximately $186,267.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Katherine L. Adams sold 1,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $137.24, for a total transaction of $137,240.00. Following the sale, the senior vice president now directly owns 180,211 shares of the company’s stock, valued at $24,732,157.64. The disclosure for this sale can be found here. Insiders have sold a total of 354,108 shares of company stock valued at $48,886,463 over the last three months. Corporate insiders own 1.56% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC grew its stake in shares of Honeywell International by 80.2% during the 2nd 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. Edgestream Partners L.P. grew its stake in shares of Honeywell International by 331.4% during the 1st 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. Mason Street Advisors LLC grew its stake in shares of Honeywell International by 0.9% during the 1st 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. Buckingham Capital Management Inc. grew its stake in shares of Honeywell International by 3.1% during the 1st 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, FTB Advisors Inc. grew its stake in shares of Honeywell International by 24.9% during the 1st quarter. FTB Advisors Inc. now owns 2,122 shares of the conglomerate’s stock valued at $272,000 after buying an additional 423 shares during the period. 75.77% of the stock is owned by institutional investors.

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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.

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