Honeywell International Inc. (NASDAQ:HON) Shares Sold by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC lessened its position in Honeywell International Inc. (NASDAQ:HON) by 8.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,252 shares of the conglomerate’s stock after selling 209 shares during the period. Mill Creek Capital Advisors LLC’s holdings in Honeywell International were worth $466,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HON. River Street Advisors LLC increased its holdings in shares of Honeywell International by 5.8% in the 3rd quarter. River Street Advisors LLC now owns 5,404 shares of the conglomerate’s stock valued at $1,117,000 after purchasing an additional 295 shares in the last quarter. RIA Advisory Group LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at about $6,124,000. Natixis Advisors LLC increased its holdings in shares of Honeywell International by 1.2% in the 3rd quarter. Natixis Advisors LLC now owns 628,077 shares of the conglomerate’s stock valued at $129,830,000 after purchasing an additional 7,499 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in shares of Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares in the last quarter. Finally, Northcape Wealth Management LLC increased its holdings in shares of Honeywell International by 4.0% in the 3rd quarter. Northcape Wealth Management LLC now owns 9,416 shares of the conglomerate’s stock valued at $1,946,000 after purchasing an additional 364 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research analyst reports. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. Wells Fargo & Company increased their price target on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. dropped their target price on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Morgan Stanley assumed coverage on shares of Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price for the company. Finally, StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $241.45.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $228.99 on Monday. The company has a market cap of $148.90 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. 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 company has a 50-day simple moving average of $211.39 and a 200-day simple moving average of $207.94.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, November 15th. This is an increase 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 1.97%. Honeywell International’s payout ratio is 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.