Harbour Investments Inc. Has $2.28 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Harbour Investments Inc. raised its position in Honeywell International Inc. (NASDAQ:HON) by 5.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,018 shares of the conglomerate’s stock after buying an additional 553 shares during the period. Harbour Investments Inc.’s holdings in Honeywell International were worth $2,278,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Quent Capital LLC grew its position in Honeywell International by 4.7% during the 1st quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock worth $353,000 after acquiring an additional 77 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Honeywell International by 2.0% during the first quarter. Kingsview Wealth Management LLC now owns 35,192 shares of the conglomerate’s stock worth $7,223,000 after purchasing an additional 678 shares during the last quarter. HBK Sorce Advisory LLC increased its stake in shares of Honeywell International by 1.0% in the first quarter. HBK Sorce Advisory LLC now owns 8,112 shares of the conglomerate’s stock valued at $1,665,000 after buying an additional 82 shares in the last quarter. Leo Wealth LLC lifted its position in Honeywell International by 4.9% during the 1st quarter. Leo Wealth LLC now owns 4,438 shares of the conglomerate’s stock worth $908,000 after buying an additional 208 shares in the last quarter. Finally, GM Advisory Group LLC grew its holdings in Honeywell International by 2.4% during the 1st quarter. GM Advisory Group LLC now owns 5,826 shares of the conglomerate’s stock worth $1,196,000 after acquiring an additional 139 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HON has been the subject of a number of research analyst reports. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Royal Bank of Canada upped their price objective on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a report on Wednesday. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. dropped their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Wells Fargo & Company lifted their price objective on Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus target price of $240.55.

Honeywell International Trading Down 0.4 %

HON opened at $233.07 on Thursday. The firm’s fifty day moving average is $209.67 and its two-hundred day moving average is $207.16. The firm has a market cap of $151.55 billion, a PE ratio of 26.91, a price-to-earnings-growth ratio of 2.78 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $188.65 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. 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 1.94%. Honeywell International’s payout ratio is currently 49.88%.

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.