Honeywell International Inc. (NASDAQ:HON) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. cut its position in shares of Honeywell International Inc. (NASDAQ:HON) by 11.6% during the 3rd quarter, Holdings Channel reports. The firm owned 3,366 shares of the conglomerate’s stock after selling 440 shares during the period. Cozad Asset Management Inc.’s holdings in Honeywell International were worth $696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LGT Group Foundation acquired a new stake in Honeywell International during the first quarter valued at approximately $26,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Connections Group Inc. bought a new stake in shares of Honeywell International during the 2nd quarter worth $38,000. Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International in the 1st quarter worth $39,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Honeywell International during the second quarter worth $43,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HON shares. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Morgan Stanley began coverage on shares of Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target for the company. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $223.73.

Honeywell International Price Performance

HON opened at $217.50 on Friday. 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 1 year low of $183.20 and a 1 year high of $222.98. The stock has a fifty day moving average price of $208.31 and a 200 day moving average price of $206.25. The stock has a market cap of $141.43 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 2.47 and a beta of 1.03.

Honeywell International Increases Dividend

The company 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 of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.08%. Honeywell International’s payout ratio is presently 49.88%.

Honeywell International Company 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.