Bard Financial Services Inc. Sells 600 Shares of Honeywell International Inc. (NASDAQ:HON)

Bard Financial Services Inc. reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,994 shares of the conglomerate’s stock after selling 600 shares during the period. Bard Financial Services Inc.’s holdings in Honeywell International were worth $3,513,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Absher Wealth Management LLC raised its position in Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after acquiring an additional 49 shares in the last quarter. ZRC Wealth Management LLC raised its position in Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after acquiring an additional 50 shares in the last quarter. CFM Wealth Partners LLC raised its position in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after acquiring an additional 50 shares in the last quarter. Jacobsen Capital Management raised its position in shares of Honeywell International by 5.2% in the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after purchasing an additional 50 shares during the period. Finally, Mengis Capital Management Inc. raised its position in shares of Honeywell International by 0.4% in the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock valued at $2,517,000 after purchasing an additional 50 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Citigroup increased their price objective on shares of Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a research report on Monday. Barclays increased their price objective on shares of Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Finally, UBS Group restated a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Ten equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus target price of $248.17.

Honeywell International Stock Up 1.8 %

Honeywell International stock opened at $229.08 on Wednesday. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm has a market capitalization of $148.96 billion, a price-to-earnings ratio of 26.45, a P/E/G ratio of 2.82 and a beta of 1.05. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a 50 day simple moving average of $219.12 and a 200 day simple moving average of $211.03.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 1.97%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend was Friday, November 15th. Honeywell International’s payout ratio is currently 52.19%.

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.