Honeywell International Inc. (NASDAQ:HON) Shares Sold by Schulhoff & Co. Inc.

Schulhoff & Co. Inc. cut its position in Honeywell International Inc. (NASDAQ:HON) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,152 shares of the conglomerate’s stock after selling 112 shares during the quarter. Schulhoff & Co. Inc.’s holdings in Honeywell International were worth $1,892,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LGT Group Foundation purchased a new position in shares of Honeywell International during the first quarter worth approximately $26,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter valued at $29,000. Planning Capital Management Corp boosted its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. Financial Connections Group Inc. purchased a new position in Honeywell International during the 2nd quarter worth $38,000. Finally, Pathway Financial Advisers LLC acquired a new position in Honeywell International in the first quarter valued at $39,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $233.07 on Thursday. The company’s fifty day moving average is $210.22 and its two-hundred day moving average is $207.34. 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 firm has a market capitalization of $151.55 billion, a P/E ratio of 26.91, a PEG ratio of 2.78 and a beta of 1.03. Honeywell International Inc. has a one year low of $188.65 and a one year high of $242.77.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is presently 49.88%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HON. Morgan Stanley assumed coverage on shares of Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price for the company. Barclays lifted their target price on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research note on Wednesday. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada increased their price target on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, Citigroup dropped their price objective on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $241.45.

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.