Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Gold Investment Management Ltd.

Gold Investment Management Ltd. raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 17.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,026 shares of the conglomerate’s stock after acquiring an additional 597 shares during the quarter. Gold Investment Management Ltd.’s holdings in Honeywell International were worth $834,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Capital Wealth Planning LLC acquired a new position in Honeywell International during the second quarter worth $392,478,000. Price T Rowe Associates Inc. MD raised its stake in Honeywell International by 22.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares during the period. International Assets Investment Management LLC boosted its holdings in Honeywell International by 24,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Natixis grew its stake in shares of Honeywell International by 184.8% in the 1st quarter. Natixis now owns 838,716 shares of the conglomerate’s stock valued at $172,146,000 after buying an additional 544,175 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Honeywell International by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after buying an additional 325,272 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.0 %

Shares of Honeywell International stock traded up $0.10 during trading hours on Friday, reaching $217.60. 1,061,055 shares of the company were exchanged, compared to its average volume of 3,008,193. The firm has a market cap of $141.49 billion, a PE ratio of 25.12, a PEG ratio of 2.47 and a beta of 1.03. The stock’s fifty day moving average is $208.31 and its 200 day moving average is $206.25. Honeywell International Inc. has a 1 year low of $183.20 and a 1 year high of $222.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.08%. Honeywell International’s payout ratio is currently 49.88%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HON. Citigroup decreased their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company upped their price target on Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Royal Bank of Canada lowered their target price on shares of Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a research note on Friday, October 25th. Finally, Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $223.73.

Honeywell International Profile

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.