Swiss National Bank Buys 1,900 Shares of Honeywell International Inc. (NASDAQ:HON)

Swiss National Bank raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,932,800 shares of the conglomerate’s stock after acquiring an additional 1,900 shares during the period. Swiss National Bank’s holdings in Honeywell International were worth $399,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of HON. Capital Wealth Planning LLC bought a new position in shares of Honeywell International in the 2nd quarter worth approximately $392,478,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Honeywell International by 22.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares during the period. International Assets Investment Management LLC lifted its stake in shares of 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 purchasing an additional 944,876 shares during the period. Mizuho Securities USA LLC lifted its stake in shares of Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares during the period. Finally, Natixis lifted its stake in shares of Honeywell International by 184.8% in the 1st quarter. Natixis now owns 838,716 shares of the conglomerate’s stock worth $172,146,000 after purchasing an additional 544,175 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.2 %

Shares of HON opened at $228.99 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a 50 day simple moving average of $211.39 and a two-hundred day simple moving average of $207.85. The firm has a market cap of $148.90 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03.

Honeywell International Increases Dividend

The business also recently disclosed 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. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 49.88%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HON. JPMorgan Chase & Co. lowered their price objective on shares of 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 shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Citigroup decreased their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. UBS Group restated a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday. Finally, StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Honeywell International currently has an average rating of “Hold” and an average price target 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.