Tidal Investments LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 46.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,572 shares of the conglomerate's stock after purchasing an additional 15,370 shares during the period. Tidal Investments LLC's holdings in Honeywell International were worth $10,040,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Absher Wealth Management LLC increased its holdings in 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 period. ZRC Wealth Management LLC raised its position in Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock worth $99,000 after purchasing an additional 50 shares in the last quarter. CFM Wealth Partners LLC boosted its holdings in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock valued at $264,000 after purchasing an additional 50 shares in the last quarter. Jacobsen Capital Management grew its stake in shares of Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate's stock valued at $209,000 after purchasing an additional 50 shares during the period. Finally, Mengis Capital Management Inc. lifted its position in shares of Honeywell International by 0.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate's stock worth $2,517,000 after buying an additional 50 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.
Honeywell International Trading Down 0.3 %
Shares of NASDAQ:HON traded down $0.61 during mid-day trading on Friday, reaching $227.08. The stock had a trading volume of 1,106,493 shares, compared to its average volume of 3,134,663. The firm has a market cap of $147.66 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. The firm has a 50 day simple moving average of $220.58 and a two-hundred day simple moving average of $211.47. 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 twelve month low of $189.66 and a twelve month high of $242.77.
Honeywell International Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were issued a $1.13 dividend. This is a positive change from Honeywell International's previous quarterly dividend of $1.08. The ex-dividend date was Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 1.99%. Honeywell International's payout ratio is 52.19%.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the stock. UBS Group reaffirmed a "buy" rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Morgan Stanley started coverage on Honeywell International in a research report on Friday, September 6th. They set an "equal weight" rating and a $210.00 price target on the stock. Bank of America increased their target price on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday, November 14th. Citigroup upped their price target on shares of Honeywell International from $244.00 to $268.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Wells Fargo & Company raised their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 13th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $248.77.
Read Our Latest Stock Analysis 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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