7,434 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the third quarter, Holdings Channel.com reports. The firm bought 7,434 shares of the conglomerate’s stock, valued at approximately $1,537,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. LGT Group Foundation acquired a new position in shares of Honeywell International during the first quarter worth approximately $26,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth $29,000. Financial Connections Group Inc. bought a new position in shares of Honeywell International in the second quarter worth $38,000. Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International during the first quarter valued at $39,000. Finally, TruNorth Capital Management LLC bought a new stake in shares of Honeywell International during the second quarter valued at about $43,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HON. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Wells Fargo & Company boosted their target price on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Royal Bank of Canada decreased their price target on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a research note on Friday, October 25th. Finally, Morgan Stanley initiated coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $223.73.

Honeywell International Stock Up 0.9 %

HON stock opened at $219.49 on Friday. 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 firm has a market capitalization of $142.72 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.57 and a beta of 1.03. Honeywell International Inc. has a 52-week low of $183.20 and a 52-week high of $222.98. The company’s 50 day simple moving average is $208.74 and its 200-day simple moving average is $206.49.

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 paid a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.06%. The ex-dividend date is Friday, November 15th. Honeywell International’s payout ratio is 49.88%.

Honeywell International Profile

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.