Banco Santander S.A. Has $1.38 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Banco Santander S.A. lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.5% during the third quarter, HoldingsChannel.com reports. The fund owned 6,671 shares of the conglomerate’s stock after selling 103 shares during the quarter. Banco Santander S.A.’s holdings in Honeywell International were worth $1,379,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares in the last quarter. Legal & General Group Plc grew its stake in Honeywell International by 0.9% in the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after acquiring an additional 42,305 shares during the period. Ontario Teachers Pension Plan Board increased its holdings in shares of Honeywell International by 7.7% during the third quarter. Ontario Teachers Pension Plan Board now owns 3,197,717 shares of the conglomerate’s stock valued at $661,000,000 after acquiring an additional 228,880 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Honeywell International by 12.4% during the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after purchasing an additional 325,272 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of Honeywell International by 8.1% in the 1st quarter. Janus Henderson Group PLC now owns 2,698,596 shares of the conglomerate’s stock worth $553,880,000 after purchasing an additional 202,358 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of recent research reports. UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company lifted their price target on Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Finally, Citigroup reduced their price target on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $241.45.

Honeywell International Stock Up 1.3 %

HON opened at $229.11 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s fifty day simple moving average is $213.86 and its 200 day simple moving average is $208.90. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market cap of $148.98 billion, a PE ratio of 26.46, a P/E/G ratio of 2.71 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 1.97%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is currently 52.19%.

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.