Hills Bank & Trust Co decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,415 shares of the conglomerate’s stock after selling 76 shares during the quarter. Hills Bank & Trust Co’s holdings in Honeywell International were worth $2,153,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Cypress Wealth Services LLC grew its holdings in shares of Honeywell International by 2.5% during the 2nd quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock valued at $417,000 after purchasing an additional 47 shares during the last quarter. Bard Financial Services Inc. grew its holdings in shares of Honeywell International by 0.3% during the 2nd quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after purchasing an additional 50 shares during the last quarter. ZRC Wealth Management LLC grew its holdings in shares of Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 50 shares during the last quarter. CFM Wealth Partners LLC grew its holdings in shares of Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after purchasing an additional 50 shares during the last quarter. Finally, Jacobsen Capital Management grew its holdings in shares of Honeywell International by 5.2% during the 3rd 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 last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently commented on HON shares. Citigroup reduced their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report 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. Bank of America reissued a “neutral” rating and issued a $230.00 price target (down previously from $250.00) on shares of Honeywell International in a report on Thursday, October 24th. Finally, StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Monday. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $223.73.
Honeywell International Trading Down 0.3 %
NASDAQ:HON opened at $205.04 on Friday. The company has a 50-day moving average price of $207.82 and a 200-day moving average price of $205.64. Honeywell International Inc. has a 12 month low of $183.20 and a 12 month high of $222.98. 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 stock has a market cap of $133.33 billion, a price-to-earnings ratio of 23.75, a P/E/G ratio of 2.43 and a beta of 1.03.
Honeywell International Increases Dividend
The firm also recently declared 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 is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 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.
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