Honeywell International Inc. (NASDAQ:HON) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 17.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 188,278 shares of the conglomerate's stock after buying an additional 27,732 shares during the quarter. Sanctuary Advisors LLC's holdings in Honeywell International were worth $43,136,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of HON. Fiduciary Financial Group LLC bought a new stake in shares of Honeywell International during the second quarter valued at approximately $248,000. Silver Lake Advisory LLC bought a new position in shares of Honeywell International during the 2nd quarter worth $198,000. Triad Wealth Partners LLC increased its stake in shares of Honeywell International by 12.2% during the second quarter. Triad Wealth Partners LLC now owns 1,818 shares of the conglomerate's stock valued at $388,000 after buying an additional 197 shares during the period. Ellsworth Advisors LLC increased its stake in shares of Honeywell International by 3.1% during the second quarter. Ellsworth Advisors LLC now owns 9,543 shares of the conglomerate's stock valued at $2,038,000 after buying an additional 284 shares during the period. Finally, Cordatus Wealth Management LLC purchased a new stake in Honeywell International in the second quarter worth about $1,374,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Down 0.6 %

HON stock traded down $1.37 during mid-day trading on Thursday, reaching $227.69. The company had a trading volume of 2,715,567 shares, compared to its average volume of 3,143,331. The firm has a fifty day simple moving average of $220.08 and a 200 day simple moving average of $211.36. 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 has a market capitalization of $148.05 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 2.82 and a beta of 1.05. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 15th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 1.99%. This is an increase from Honeywell International's previous quarterly dividend of $1.08. The ex-dividend date of this dividend was Friday, November 15th. Honeywell International's payout ratio is 52.19%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HON shares. Morgan Stanley started coverage on Honeywell International in a research note on Friday, September 6th. They set an "equal weight" rating and a $210.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. dropped their target price on Honeywell International from $235.00 to $233.00 and set a "neutral" rating on the stock in a research note on Friday, October 25th. Wolfe Research lowered shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a research note on Monday, October 28th. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $248.77.

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.