BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $64.83 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its position in Honeywell International Inc. (NASDAQ:HON) by 1.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 313,690 shares of the conglomerate’s stock after selling 4,147 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Honeywell International were worth $64,830,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at about $29,000. Planning Capital Management Corp raised its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. Financial Connections Group Inc. bought a new position in Honeywell International in the second quarter worth approximately $38,000. Finally, Pathway Financial Advisers LLC acquired a new stake in Honeywell International in the first quarter valued at approximately $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HON shares. Morgan Stanley started coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Barclays boosted their price target on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $241.45.

Honeywell International Price Performance

Honeywell International stock opened at $232.93 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. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The firm has a market capitalization of $151.46 billion, a P/E ratio of 26.90, a PEG ratio of 2.73 and a beta of 1.03. The business has a fifty day moving average price of $216.57 and a 200-day moving average price of $209.95.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a $1.13 dividend. 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 1.94%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

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.