Qsemble Capital Management LP grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 86.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 11,479 shares of the conglomerate's stock after purchasing an additional 5,337 shares during the period. Qsemble Capital Management LP's holdings in Honeywell International were worth $2,373,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Quent Capital LLC lifted its stake in shares of Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate's stock worth $353,000 after buying an additional 77 shares in the last quarter. Mount Yale Investment Advisors LLC purchased a new stake in Honeywell International during the 1st quarter valued at $263,000. Meiji Yasuda Life Insurance Co purchased a new stake in Honeywell International during the 1st quarter valued at $1,037,000. Tidal Investments LLC raised its stake in shares of Honeywell International by 75.7% in the first quarter. Tidal Investments LLC now owns 25,977 shares of the conglomerate's stock worth $5,332,000 after purchasing an additional 11,195 shares during the last quarter. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of Honeywell International during the first quarter valued at $2,417,000. 75.91% of the stock is owned by institutional investors.
Honeywell International Trading Down 0.1 %
Shares of NASDAQ:HON traded down $0.20 on Tuesday, hitting $230.40. 4,203,142 shares of the company's stock were exchanged, compared to its average volume of 3,136,041. The business's 50 day simple moving average is $214.90 and its two-hundred day simple moving average is $209.46. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market capitalization of $149.82 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03. 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 given a dividend of $1.13 per share. 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 dividend on an annualized basis and a yield of 1.96%. Honeywell International's payout ratio is 52.19%.
Analyst Ratings Changes
Several equities analysts have recently weighed in on HON shares. StockNews.com raised Honeywell International from a "hold" rating to a "buy" rating in a report on Sunday, November 3rd. Barclays raised their target price on Honeywell International from $229.00 to $252.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 13th. Morgan Stanley started coverage on shares of Honeywell International in a research report on Friday, September 6th. They set an "equal weight" rating and a $210.00 price target for the company. Citigroup dropped their price objective on shares of Honeywell International from $248.00 to $244.00 and set a "buy" rating on the stock in a report on Friday, October 25th. Finally, UBS Group reaffirmed a "buy" rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $241.45.
Read Our Latest Report on HON
About Honeywell International
(
Free Report)
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.
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