Harbor Capital Advisors Inc. Buys 74 Shares of Honeywell International Inc. (NASDAQ:HON)

Harbor Capital Advisors Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,966 shares of the conglomerate’s stock after buying an additional 74 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Honeywell International were worth $3,094,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. LGT Group Foundation purchased a new position in Honeywell International in the first quarter worth $26,000. Reston Wealth Management LLC bought a new position in Honeywell International in the 3rd quarter worth about $29,000. Financial Connections Group Inc. bought a new position in Honeywell International in the 2nd quarter worth about $38,000. Pathway Financial Advisers LLC bought a new position in Honeywell International in the 1st quarter worth about $39,000. Finally, TruNorth Capital Management LLC bought a new position in Honeywell International in the 2nd quarter worth about $43,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.8 %

NASDAQ HON opened at $207.54 on Tuesday. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a 50 day simple moving average of $208.03 and a two-hundred day simple moving average of $206.07. The stock has a market cap of $134.95 billion, a P/E ratio of 23.97, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 2.18%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their target price on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, Bank of America reiterated a “neutral” rating and set a $230.00 price objective (down from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and an average price target of $223.73.

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.