Honeywell International Inc. (NASDAQ:HON) Shares Sold by First National Trust Co

First National Trust Co cut its stake in Honeywell International Inc. (NASDAQ:HON) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,028 shares of the conglomerate’s stock after selling 1,762 shares during the period. First National Trust Co’s holdings in Honeywell International were worth $14,475,000 as of its most recent SEC filing.

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

Honeywell International Trading Up 2.6 %

NASDAQ:HON opened at $225.24 on Tuesday. The firm has a market capitalization of $146.46 billion, a P/E ratio of 26.01, a P/E/G ratio of 2.61 and a beta of 1.03. The business has a 50 day simple moving average of $208.74 and a 200 day simple moving average of $206.64. 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 12-month low of $185.71 and a 12-month high of $225.32.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.01%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is presently 52.19%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Royal Bank of Canada reduced their price objective on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a research note on Friday, October 25th. Bank of America reissued a “neutral” rating and set a $230.00 price target (down from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Citigroup dropped their price objective on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $223.73.

About Honeywell International

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.