Honeywell International Inc. (NASDAQ:HON) Shares Bought by DiNuzzo Private Wealth Inc.

DiNuzzo Private Wealth Inc. lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 784.1% during the third quarter, Holdings Channel reports. The firm owned 2,175 shares of the conglomerate’s stock after acquiring an additional 1,929 shares during the quarter. DiNuzzo Private Wealth Inc.’s holdings in Honeywell International were worth $450,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in HON. LGT Group Foundation acquired a new position in shares of Honeywell International in the 1st quarter valued at $26,000. Richardson Capital Management LLC acquired a new position in Honeywell International in the first quarter valued at $35,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International in the second quarter valued at about $38,000. Pathway Financial Advisers LLC acquired a new stake in shares of Honeywell International during the first quarter worth about $39,000. Finally, New Covenant Trust Company N.A. purchased a new position in shares of Honeywell International during the first quarter worth about $42,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HON has been the subject of a number of recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $214.00 price objective on shares of Honeywell International in a research report on Thursday, September 26th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Wells Fargo & Company cut their price objective on shares of Honeywell International from $215.00 to $207.00 and set an “equal weight” rating for the company in a research report on Monday, October 7th. Morgan Stanley initiated coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Finally, JPMorgan Chase & Co. cut shares of Honeywell International from an “overweight” rating to a “neutral” rating and increased their price target for the stock from $225.00 to $235.00 in a report on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $223.56.

Honeywell International Stock Up 0.3 %

Honeywell International stock opened at $219.55 on Friday. The firm has a market capitalization of $142.97 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $220.79. The stock’s fifty day moving average is $205.05 and its two-hundred day moving average is $204.62.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.07. The firm had revenue of $9.58 billion during the quarter, compared to the consensus estimate of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $2.23 EPS. Analysts predict that Honeywell International Inc. will post 10.1 EPS for the current fiscal year.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a $1.13 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is currently 52.38%.

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.