Banque Cantonale Vaudoise Purchases 11,203 Shares of Honeywell International Inc. (NASDAQ:HON)

Banque Cantonale Vaudoise boosted its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 43.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 36,746 shares of the conglomerate's stock after purchasing an additional 11,203 shares during the period. Banque Cantonale Vaudoise's holdings in Honeywell International were worth $7,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HON. Cypress Wealth Services LLC lifted its position in Honeywell International by 2.5% in the 2nd quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate's stock valued at $417,000 after acquiring an additional 47 shares in the last quarter. Absher Wealth Management LLC boosted its holdings in shares of Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock valued at $413,000 after buying an additional 49 shares during the last quarter. Bard Financial Services Inc. grew its position in shares of Honeywell International by 0.3% in the 2nd quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate's stock valued at $3,757,000 after acquiring an additional 50 shares during the period. ZRC Wealth Management LLC raised its stake in Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock valued at $99,000 after buying an additional 50 shares during the period. Finally, CFM Wealth Partners LLC lifted its position in shares of Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock valued at $264,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HON shares. Robert W. Baird cut Honeywell International from an "outperform" rating to a "neutral" rating and dropped their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Royal Bank of Canada upped their price target on shares of Honeywell International from $213.00 to $253.00 and gave the company a "sector perform" rating in a research note on Wednesday, November 13th. Wolfe Research downgraded shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. Wells Fargo & Company boosted their price target on Honeywell International from $215.00 to $254.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 13th. Finally, Citigroup lowered their price objective on Honeywell International from $248.00 to $244.00 and set a "buy" rating on the stock in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $241.45.

Honeywell International Trading Down 0.3 %

Honeywell International stock traded down $0.65 during trading hours on Tuesday, hitting $228.20. The stock had a trading volume of 3,696,498 shares, compared to its average volume of 3,107,221. The business's 50 day simple moving average is $211.94 and its 200-day simple moving average is $208.19. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The stock has a market cap of $148.39 billion, a price-to-earnings ratio of 26.43, a P/E/G ratio of 2.72 and a beta of 1.03. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 1.98%. This is a positive change from Honeywell International's previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International's payout ratio is presently 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.