1,300 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by West Tower Group LLC

West Tower Group LLC bought a new position in Honeywell International Inc. (NASDAQ:HON) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,300 shares of the conglomerate’s stock, valued at approximately $269,000.

Other hedge funds also recently bought and sold shares of the company. Capital Wealth Planning LLC bought a new stake in Honeywell International in the second quarter valued at approximately $392,478,000. International Assets Investment Management LLC lifted its position in Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC lifted its position in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Honeywell International by 12.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock valued at $630,086,000 after purchasing an additional 325,272 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after purchasing an additional 310,807 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Citigroup reduced their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Royal Bank of Canada boosted their target price on Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 13th. JPMorgan Chase & Co. reduced their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Bank of America boosted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $241.45.

Honeywell International Trading Up 0.7 %

NASDAQ HON opened at $230.60 on Tuesday. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market cap of $149.95 billion, a P/E ratio of 26.63, a P/E/G ratio of 2.72 and a beta of 1.03. The stock’s fifty day moving average price is $214.38 and its 200-day moving average price is $209.27. 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 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is currently 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.