Honeywell International Inc. (NASDAQ:HON) Stock Holdings Decreased by Kestra Investment Management LLC

Kestra Investment Management LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 4.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,316 shares of the conglomerate’s stock after selling 120 shares during the period. Kestra Investment Management LLC’s holdings in Honeywell International were worth $479,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cypress Wealth Services LLC increased its position in shares of Honeywell International by 2.5% in the 2nd quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after purchasing an additional 47 shares during the last quarter. Absher Wealth Management LLC grew its position in shares of Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after buying an additional 49 shares during the last quarter. ZRC Wealth Management LLC grew its position in shares of Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after buying an additional 50 shares during the last quarter. CFM Wealth Partners LLC grew its position in shares of Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after buying an additional 50 shares during the last quarter. Finally, Jacobsen Capital Management grew its position in shares of Honeywell International by 5.2% during the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after buying an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the subject of a number of recent research reports. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. JPMorgan Chase & Co. lowered their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Royal Bank of Canada upped their target price on shares of Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company upped their target price on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $241.45.

Honeywell International Trading Up 1.4 %

Shares of NASDAQ:HON opened at $232.93 on Monday. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The firm has a market cap of $151.46 billion, a P/E ratio of 26.90, a P/E/G ratio of 2.77 and a beta of 1.03. The company has a 50 day moving average of $216.57 and a 200-day moving average of $210.03. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid 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 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.