Mayflower Financial Advisors LLC Sells 172 Shares of Honeywell International Inc. (NASDAQ:HON)

Mayflower Financial Advisors LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 1.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,229 shares of the conglomerate’s stock after selling 172 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Honeywell International were worth $3,562,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HON. EP Wealth Advisors LLC increased its position in shares of Honeywell International by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after buying an additional 14,271 shares in the last quarter. SteelPeak Wealth LLC grew its stake in Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of Honeywell International by 2.6% in the third quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after acquiring an additional 8,687 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in shares of Honeywell International by 413.2% during the third quarter. Catalyst Capital Advisors LLC now owns 3,228 shares of the conglomerate’s stock worth $667,000 after purchasing an additional 2,599 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of Honeywell International by 3.7% during the 3rd quarter. Principal Financial Group Inc. now owns 797,426 shares of the conglomerate’s stock valued at $164,836,000 after purchasing an additional 28,812 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.9 %

HON stock opened at $219.49 on Friday. Honeywell International Inc. has a one year low of $183.20 and a one year high of $222.98. The stock has a market cap of $142.72 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 2.57 and a beta of 1.03. The company has a fifty day moving average price of $208.74 and a two-hundred day moving average price of $206.49. 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 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $1.13 per share. This is an increase 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 2.06%. Honeywell International’s payout ratio is presently 49.88%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Wells Fargo & Company increased their price objective on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Finally, Royal Bank of Canada cut their price target on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and an average target price 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.