Honeywell International Inc. (NASDAQ:HON) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 628,077 shares of the conglomerate’s stock after buying an additional 7,499 shares during the period. Natixis Advisors LLC’s holdings in Honeywell International were worth $129,830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Quent Capital LLC lifted its stake in shares of Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after purchasing an additional 77 shares during the period. Banco Santander S.A. lifted its position in shares of Honeywell International by 1.9% during the 1st quarter. Banco Santander S.A. now owns 7,002 shares of the conglomerate’s stock valued at $1,437,000 after acquiring an additional 131 shares during the period. M&G Plc purchased a new stake in shares of Honeywell International during the 1st quarter worth approximately $1,993,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Honeywell International in the 1st quarter worth approximately $1,398,000. Finally, TIAA Trust National Association increased its stake in Honeywell International by 10.4% in the 1st quarter. TIAA Trust National Association now owns 60,240 shares of the conglomerate’s stock valued at $12,364,000 after purchasing an additional 5,653 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HON. Bank of America boosted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday. Barclays increased their price objective on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research note on Wednesday. Morgan Stanley began coverage on shares of Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price for the company. JPMorgan Chase & Co. lowered 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. 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 equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $241.45.

Honeywell International Stock Down 0.2 %

HON opened at $228.99 on Friday. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The business has a 50-day moving average of $211.39 and a two-hundred day moving average of $207.74. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market capitalization of $148.90 billion, a price-to-earnings ratio of 26.44, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 1.97%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s payout ratio is presently 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.