Honeywell International Inc. (NASDAQ:HON) Receives Consensus Rating of "Hold" from Brokerages

Shares of Honeywell International Inc. (NASDAQ:HON - Get Free Report) have earned an average recommendation of "Hold" from the seventeen brokerages that are currently covering the company, Marketbeat reports. Ten analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $249.57.

HON has been the subject of a number of research analyst reports. Jefferies Financial Group increased their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research report on Tuesday. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. StockNews.com upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Tuesday. Baird R W cut shares of Honeywell International from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 25th. Finally, Barclays raised their price objective on Honeywell International from $252.00 to $260.00 and gave the company an "overweight" rating in a research report on Thursday, December 5th.

Honeywell International Trading Up 0.6 %

Shares of HON traded up $1.44 during trading hours on Friday, hitting $228.32. The stock had a trading volume of 6,832,811 shares, compared to its average volume of 3,205,467. Honeywell International has a 12-month low of $189.66 and a 12-month high of $242.77. The firm has a market cap of $148.46 billion, a P/E ratio of 26.36, a P/E/G ratio of 2.85 and a beta of 1.05. 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 company's fifty day simple moving average is $223.01 and its 200 day simple moving average is $212.70.

Honeywell International Increases Dividend

The business also recently declared 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 dividend yield of 1.98%. The ex-dividend date was Friday, November 15th. This is a positive change from Honeywell International's previous quarterly dividend of $1.08. Honeywell International's payout ratio is 52.19%.

Hedge Funds Weigh In On Honeywell International

Several large investors have recently modified their holdings of HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter valued at $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter valued at about $29,000. Financial Avengers Inc. raised its stake in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after acquiring an additional 50 shares during the period. Planning Capital Management Corp lifted its holdings in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Finally, Financial Connections Group Inc. acquired a new position in Honeywell International in the second quarter valued at approximately $38,000. Institutional investors own 75.91% of the company's stock.

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.