Natixis Advisors LLC Purchases 7,499 Shares of Honeywell International Inc. (NASDAQ:HON)

Natixis Advisors LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 628,077 shares of the conglomerate's stock after purchasing an additional 7,499 shares during the quarter. Natixis Advisors LLC owned about 0.10% of Honeywell International worth $129,830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in HON. Cypress Wealth Services LLC boosted its position in shares of Honeywell International by 2.5% in the second 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 during the period. Absher Wealth Management LLC grew its position in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock worth $413,000 after purchasing an additional 49 shares during the last quarter. Bard Financial Services Inc. raised its position in shares of Honeywell International by 0.3% during the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate's stock valued at $3,757,000 after buying an additional 50 shares during the last quarter. ZRC Wealth Management LLC lifted its stake in shares of 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 grew its position in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock worth $264,000 after buying an additional 50 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HON shares. UBS Group reissued a "buy" rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday. Baird R W downgraded Honeywell International from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. Morgan Stanley began coverage on Honeywell International in a report on Friday, September 6th. They issued an "equal weight" rating and a $210.00 target price for the company. 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 research note on Friday, October 25th. Finally, Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a report on Thursday. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $241.45.

Honeywell International Trading Down 0.2 %

Shares of HON stock traded down $0.55 on Friday, reaching $228.99. The company had a trading volume of 3,707,893 shares, compared to its average volume of 3,103,041. The stock has a market cap of $148.90 billion, a PE ratio of 26.44, a PEG ratio of 2.77 and a beta of 1.03. The company has a 50-day moving average of $211.39 and a 200-day moving average of $207.74. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

Honeywell International Increases Dividend

The company 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 $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Honeywell International's previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 1.97%. Honeywell International's dividend payout ratio (DPR) is 52.19%.

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.