Honeywell International Inc. (NASDAQ:HON) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. decreased its position in Honeywell International Inc. (NASDAQ:HON) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,711 shares of the conglomerate’s stock after selling 94 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Honeywell International were worth $354,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HON. Shum Financial Group Inc. purchased a new stake in shares of Honeywell International during the third quarter valued at $356,000. J. Stern & Co. LLP lifted its holdings in shares of Honeywell International by 1.1% during the third quarter. J. Stern & Co. LLP now owns 200,242 shares of the conglomerate’s stock valued at $41,392,000 after purchasing an additional 2,087 shares during the last quarter. Avestar Capital LLC raised its position in Honeywell International by 4.4% during the third quarter. Avestar Capital LLC now owns 6,451 shares of the conglomerate’s stock valued at $1,333,000 after buying an additional 272 shares during the period. Brooklyn Investment Group raised its position in Honeywell International by 5.3% during the third quarter. Brooklyn Investment Group now owns 2,436 shares of the conglomerate’s stock valued at $504,000 after buying an additional 122 shares during the period. Finally, West Tower Group LLC acquired a new position in Honeywell International during the third quarter valued at $269,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $230.40 on Wednesday. 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 cap of $149.82 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 2.72 and a beta of 1.03. The business’s 50-day simple moving average is $214.90 and its 200-day simple moving average is $209.46. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

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 issued a dividend of $1.13 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.96%. Honeywell International’s dividend payout ratio is currently 52.19%.

Analyst Upgrades and Downgrades

HON has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Morgan Stanley initiated coverage on Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Barclays upped their price target on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $241.45.

Honeywell International Company 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.