Honeywell International Inc. (NASDAQ:HON) Position Raised by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1,147.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 626,071 shares of the conglomerate's stock after acquiring an additional 575,865 shares during the period. Mizuho Securities USA LLC owned about 0.10% of Honeywell International worth $129,415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. LGT Group Foundation acquired a new stake in shares of Honeywell International during the 1st quarter worth about $26,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the third quarter worth approximately $29,000. Planning Capital Management Corp grew its stake in Honeywell International by 96.4% in the 3rd 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 period. Financial Connections Group Inc. acquired a new position in Honeywell International in the 2nd quarter valued at $38,000. Finally, Pathway Financial Advisers LLC purchased a new position in shares of Honeywell International during the 1st quarter worth $39,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Stock Down 0.2 %

Honeywell International stock traded down $0.55 during midday trading on Friday, hitting $228.99. The stock had a trading volume of 3,707,893 shares, compared to its average volume of 3,103,041. 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 business has a fifty day moving average price of $211.39 and a 200 day moving average price of $207.74. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market cap of $148.90 billion, a P/E ratio of 26.44, a P/E/G ratio of 2.77 and a beta of 1.03.

Honeywell International Increases Dividend

The company 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 positive change from Honeywell International's previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Friday, November 15th. Honeywell International's dividend payout ratio is currently 52.19%.

Analyst Upgrades and Downgrades

Several research firms recently commented on HON. Wells Fargo & Company upped their target price on Honeywell International from $215.00 to $254.00 and gave the company an "equal weight" rating in a research note on Wednesday. Wolfe Research lowered shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. StockNews.com upgraded shares of Honeywell International from a "hold" rating to a "buy" rating in a report on Sunday, November 3rd. UBS Group reiterated a "buy" rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday. Finally, Bank of America upped their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $241.45.

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.