Honeywell International Inc. (NASDAQ:HON) Shares Sold by Broderick Brian C

Broderick Brian C decreased its position in Honeywell International Inc. (NASDAQ:HON) by 60.2% in the third quarter, HoldingsChannel.com reports. The fund owned 5,025 shares of the conglomerate’s stock after selling 7,614 shares during the period. Broderick Brian C’s holdings in Honeywell International were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Quent Capital LLC increased its holdings in Honeywell International by 4.7% in 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 in the last quarter. Banco Santander S.A. raised its stake in Honeywell International by 1.9% in the 1st quarter. Banco Santander S.A. now owns 7,002 shares of the conglomerate’s stock valued at $1,437,000 after purchasing an additional 131 shares during the last quarter. M&G Plc acquired a new stake in Honeywell International during the 1st quarter worth $1,993,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Honeywell International in the first quarter valued at about $1,398,000. Finally, Hoey Investments Inc. grew its stake in Honeywell International by 16.6% during the 1st quarter. Hoey Investments Inc. now owns 3,515 shares of the conglomerate’s stock valued at $721,000 after acquiring an additional 500 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Down 1.0 %

Shares of NASDAQ HON opened at $230.67 on Friday. The firm has a fifty day moving average of $210.22 and a 200-day moving average of $207.34. The stock has a market capitalization of $149.99 billion, a PE ratio of 26.64, a P/E/G ratio of 2.77 and a beta of 1.03. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52-week low of $188.78 and a 52-week high of $242.77.

Honeywell International Increases Dividend

The firm 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 dividend of $1.13 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is 49.88%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HON shares. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Barclays lifted their price target on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research report on Wednesday. Citigroup dropped their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday, October 25th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $241.45.

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.