Diversify Wealth Management LLC Increases Position in Honeywell International Inc. (NASDAQ:HON)

Diversify Wealth Management LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% during the 3rd quarter, Holdings Channel reports. The firm owned 11,817 shares of the conglomerate’s stock after acquiring an additional 187 shares during the period. Diversify Wealth Management LLC’s holdings in Honeywell International were worth $2,604,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Capital Wealth Planning LLC purchased a new position in shares of Honeywell International during the second quarter valued at about $392,478,000. Price T Rowe Associates Inc. MD grew its holdings in Honeywell International by 22.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock valued at $1,967,880,000 after buying an additional 1,746,759 shares in the last quarter. International Assets Investment Management LLC increased its stake in Honeywell International by 24,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after acquiring an additional 944,876 shares during the last quarter. Natixis raised its holdings in shares of Honeywell International by 184.8% during the 1st quarter. Natixis now owns 838,716 shares of the conglomerate’s stock worth $172,146,000 after acquiring an additional 544,175 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Honeywell International by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock valued at $630,086,000 after acquiring an additional 325,272 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Honeywell International stock traded down $0.08 during mid-day trading on Wednesday, hitting $205.90. The company’s stock had a trading volume of 1,321,186 shares, compared to its average volume of 2,931,485. Honeywell International Inc. has a one year low of $179.18 and a one year high of $222.98. The stock has a market cap of $134.08 billion, a PE ratio of 23.87, a P/E/G ratio of 2.45 and a beta of 1.03. The company has a 50 day moving average of $207.65 and a 200-day moving average of $205.65. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is currently 52.38%.

Analyst Upgrades and Downgrades

HON has been the topic of several research reports. JPMorgan Chase & Co. reduced 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 report on Friday, October 25th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Monday. Citigroup dropped their price target on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Morgan Stanley assumed coverage on Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price on the stock. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus 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.