Groupama Asset Managment boosted its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 152,909 shares of the conglomerate’s stock after purchasing an additional 11,378 shares during the quarter. Groupama Asset Managment’s holdings in Honeywell International were worth $316,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of HON. Absher Wealth Management LLC raised its holdings in shares of Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after purchasing an additional 49 shares in the last quarter. ZRC Wealth Management LLC increased its holdings in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after buying an additional 50 shares in the last quarter. CFM Wealth Partners LLC lifted its position in shares of Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after acquiring an additional 50 shares during the last quarter. Jacobsen Capital Management lifted its position in shares of Honeywell International by 5.2% during the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after acquiring an additional 50 shares during the last quarter. Finally, Mengis Capital Management Inc. grew its holdings in shares of Honeywell International by 0.4% in the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock worth $2,517,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on HON shares. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price for the company. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Wells Fargo & Company boosted 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. decreased their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, UBS Group reiterated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $244.36.
Honeywell International Trading Down 0.6 %
NASDAQ HON opened at $225.09 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm’s fifty day simple moving average is $219.12 and its 200-day simple moving average is $211.03. The company has a market capitalization of $146.36 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.82 and a beta of 1.05.
Honeywell International Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 15th were 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 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Friday, November 15th. Honeywell International’s dividend payout ratio is presently 52.19%.
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.
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