Honeywell International Inc. (NASDAQ:HON) Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp cut its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,410 shares of the conglomerate’s stock after selling 1,094 shares during the quarter. Heritage Investors Management Corp’s holdings in Honeywell International were worth $12,694,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in Honeywell International by 22.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Honeywell International by 0.9% in the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after acquiring an additional 42,305 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of Honeywell International by 6.7% in the first quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock worth $698,312,000 after acquiring an additional 212,327 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Honeywell International by 12.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after acquiring an additional 325,272 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 0.4 %

Shares of NASDAQ HON traded up $0.86 on Tuesday, hitting $208.40. The company had a trading volume of 62,405 shares, compared to its average volume of 2,957,365. Honeywell International Inc. has a 12-month low of $183.20 and a 12-month high of $222.98. The business has a 50 day moving average of $208.03 and a two-hundred day moving average of $206.07. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $135.51 billion, a P/E ratio of 23.97, a PEG ratio of 2.49 and a beta of 1.03.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.17%. Honeywell International’s payout ratio is 49.88%.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of analyst reports. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday. Barclays dropped their target price on Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Citigroup lowered their price target on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, Bank of America reissued a “neutral” rating and set a $230.00 price target (down previously from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $223.73.

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.