Honeywell International Inc. (NASDAQ:HON) Shares Sold by Fmr LLC

Fmr LLC lessened its position in Honeywell International Inc. (NASDAQ:HON) by 2.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,421,766 shares of the conglomerate’s stock after selling 40,336 shares during the period. Fmr LLC owned approximately 0.22% of Honeywell International worth $293,893,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in shares of Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after buying an additional 310,807 shares during the period. Legal & General Group Plc boosted its position in Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after acquiring an additional 42,305 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Honeywell International by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate’s stock worth $782,232,000 after purchasing an additional 42,287 shares in the last quarter. 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 purchasing an additional 228,880 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Honeywell International by 12.4% in 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. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

NASDAQ HON opened at $232.93 on Monday. 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 Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a market cap of $151.46 billion, a PE ratio of 26.90, a PEG ratio of 2.77 and a beta of 1.03. The stock’s 50-day moving average price is $216.57 and its two-hundred day moving average price is $210.03.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.94%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is currently 52.19%.

Analysts Set New Price Targets

Several equities analysts have commented on HON shares. Wells Fargo & Company raised their target price on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Nine equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $241.45.

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.