Forsta AP Fonden cut its holdings in Honeywell International Inc. (NYSE:HON) by 34.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,899 shares of the conglomerate’s stock after selling 19,100 shares during the quarter. Forsta AP Fonden’s holdings in Honeywell International were worth $6,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of HON. American Century Companies Inc. raised its holdings in Honeywell International by 76.2% in the 3rd quarter. American Century Companies Inc. now owns 1,559,164 shares of the conglomerate’s stock worth $259,445,000 after acquiring an additional 674,377 shares during the last quarter. Chevy Chase Trust Holdings Inc. purchased a new stake in Honeywell International during the 2nd quarter valued at $91,840,000. Bank of Montreal Can raised its stake in Honeywell International by 79.6% during the 3rd quarter. Bank of Montreal Can now owns 1,296,521 shares of the conglomerate’s stock valued at $213,439,000 after buying an additional 574,501 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in Honeywell International by 1,011.2% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 518,603 shares of the conglomerate’s stock valued at $86,296,000 after buying an additional 471,934 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in Honeywell International by 64.0% during the 2nd quarter. Renaissance Technologies LLC now owns 990,300 shares of the conglomerate’s stock valued at $142,653,000 after buying an additional 386,300 shares during the last quarter. 71.16% of the stock is currently owned by institutional investors and hedge funds.

In related news, VP Krishna Mikkilineni sold 28,281 shares of the firm’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $143.61, for a total transaction of $4,061,434.41. Following the completion of the transaction, the vice president now owns 91,829 shares of the company’s stock, valued at $13,187,562.69. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jaime Chico /Fa Pardo sold 13,400 shares of the firm’s stock in a transaction on 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 transaction, the director now directly owns 13,607 shares of the company’s stock, valued at approximately $1,974,783.91. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,644 shares of company stock valued at $6,597,099. Corporate insiders own 1.33% of the company’s stock.

Shares of NYSE HON traded down $2.85 during midday trading on Friday, reaching $138.71. 3,163,536 shares of the company’s stock traded hands, compared to its average volume of 3,037,260. The company has a market cap of $104.80 billion, a PE ratio of 19.51, a P/E/G ratio of 1.81 and a beta of 1.04. Honeywell International Inc. has a one year low of $137.14 and a one year high of $167.72. 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 announced its earnings results on Friday, October 19th. The conglomerate reported $2.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.99 by $0.04. The company had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.75 billion. Honeywell International had a net margin of 6.13% and a return on equity of 33.69%. Honeywell International’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $1.75 earnings per share. On average, analysts forecast that Honeywell International Inc. will post 7.98 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 7th. Shareholders of record on Friday, November 16th were issued a $0.82 dividend. The ex-dividend date was Thursday, November 15th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.36%. This is a boost from Honeywell International’s previous quarterly dividend of $0.75. Honeywell International’s dividend payout ratio (DPR) is currently 46.13%.

A number of brokerages have recently issued reports on HON. Morgan Stanley started coverage on shares of Honeywell International in a report on Monday, August 20th. They issued an “overweight” rating and a $175.00 target price for the company. ValuEngine raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Thursday, September 13th. Credit Suisse Group dropped their price objective on shares of Honeywell International from $170.00 to $165.00 and set a “neutral” rating for the company in a report on Tuesday, October 23rd. Barclays increased their price objective on shares of Honeywell International from $176.00 to $178.00 and gave the company an “overweight” rating in a report on Friday, August 24th. Finally, restated an “outperform” rating and set a $177.00 target price (down from $184.00) on shares of Honeywell International in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eighteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $172.90.

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About Honeywell International

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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