Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 55.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,553 shares of the conglomerate’s stock after acquiring an additional 3,400 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Honeywell International were worth $1,975,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. RIA Advisory Group LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth $6,124,000. EP Wealth Advisors LLC lifted its position in Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after purchasing an additional 14,271 shares during the period. SteelPeak Wealth LLC lifted its position in Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares during the period. Los Angeles Capital Management LLC increased its position in Honeywell International by 24.5% during the 3rd quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock worth $6,039,000 after purchasing an additional 5,750 shares during the period. Finally, Asset Management One Co. Ltd. raised its stake in shares of Honeywell International by 2.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after buying an additional 8,687 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $230.60 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market cap of $149.95 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The business has a fifty day moving average of $214.38 and a 200-day moving average of $209.27.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid 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 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is currently 52.19%.

Analysts Set New Price Targets

HON has been the topic of a number of recent analyst reports. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Royal Bank of Canada increased their target price on shares of Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a report on Wednesday, November 13th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Nine equities 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 stock 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.