B. Riley Wealth Advisors Inc. decreased its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 9.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,506 shares of the conglomerate’s stock after selling 4,241 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Honeywell International were worth $8,132,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of HON. RIA Advisory Group LLC acquired a new position in Honeywell International during the 3rd quarter worth approximately $6,124,000. EP Wealth Advisors LLC increased its holdings in shares of Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares during the period. SteelPeak Wealth LLC lifted its holdings in shares of Honeywell International by 255.2% in 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. Finally, Los Angeles Capital Management LLC grew its position in Honeywell International by 24.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock valued at $6,039,000 after purchasing an additional 5,750 shares during the period. Institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on HON shares. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 9th. Finally, Barclays increased their price objective on shares of Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $248.77.
Honeywell International Stock Down 0.0 %
HON opened at $227.62 on Friday. The business’s fifty day simple moving average is $221.06 and its 200 day simple moving average is $211.66. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market cap of $148.01 billion, a PE ratio of 26.28, a P/E/G ratio of 2.85 and a beta of 1.05.
Honeywell International Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.99%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date was Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is currently 52.19%.
Honeywell International Company 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.
Recommended Stories
- Five stocks we like better than Honeywell International
- Top Biotech Stocks: Exploring Innovation Opportunities
- Texas Instruments: The Old-School Tech Titan Still Delivering
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- GRAIL: Biotech Stock Targeting $100B Cancer Market
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- MarketBeat Week in Review – 12/9 – 12/13
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.