JNBA Financial Advisors Grows Stock Position in Honeywell International Inc. (NASDAQ:HON)

JNBA Financial Advisors increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,071 shares of the conglomerate’s stock after purchasing an additional 97 shares during the quarter. JNBA Financial Advisors’ holdings in Honeywell International were worth $428,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Concurrent Investment Advisors LLC increased its holdings in shares of Honeywell International by 14.9% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 20,144 shares of the conglomerate’s stock valued at $4,164,000 after acquiring an additional 2,605 shares during the last quarter. Centennial Wealth Advisory LLC increased its stake in Honeywell International by 6.1% in the third quarter. Centennial Wealth Advisory LLC now owns 1,133 shares of the conglomerate’s stock valued at $234,000 after purchasing an additional 65 shares during the last quarter. Maia Wealth LLC grew its holdings in shares of Honeywell International by 6.2% during the third quarter. Maia Wealth LLC now owns 1,132 shares of the conglomerate’s stock worth $237,000 after purchasing an additional 66 shares during the last quarter. Umpqua Bank acquired a new stake in shares of Honeywell International during the third quarter worth about $204,000. Finally, Radnor Capital Management LLC purchased a new stake in shares of Honeywell International in the 3rd quarter valued at about $883,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on HON. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Bank of America reiterated a “neutral” rating and issued a $230.00 price target (down previously from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Royal Bank of Canada reduced their price target on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a report on Friday, October 25th. Barclays cut their price objective on Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus price target of $223.73.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $216.40 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The business’s fifty day moving average price is $208.31 and its two-hundred day moving average price is $206.25. The stock has a market cap of $140.71 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.49 and a beta of 1.03. Honeywell International Inc. has a one year low of $183.20 and a one year high of $222.98.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.