Raab & Moskowitz Asset Management LLC Sells 123 Shares of Honeywell International Inc. (NASDAQ:HON)

Raab & Moskowitz Asset Management LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 10,406 shares of the conglomerate’s stock after selling 123 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Honeywell International were worth $2,151,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the third quarter valued at $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the third quarter worth about $29,000. Planning Capital Management Corp boosted its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares in the last quarter. Financial Connections Group Inc. purchased a new position in shares of Honeywell International during the 2nd quarter valued at approximately $38,000. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International during the third quarter worth $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON opened at $226.38 on Monday. The firm has a market capitalization of $147.20 billion, a PE ratio of 26.14, a PEG ratio of 2.86 and a beta of 1.05. 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. The firm’s 50-day moving average price is $218.75 and its 200 day moving average price is $210.84.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were given a $1.13 dividend. The ex-dividend date was 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 dividend yield of 2.00%. Honeywell International’s dividend payout ratio is 52.19%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on HON shares. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Barclays boosted their price objective on Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday. Morgan Stanley initiated 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 objective for the company. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $242.18.

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.