Honeywell International Inc. (NASDAQ:HON) Stock Position Trimmed by Fiduciary Trust Co

Fiduciary Trust Co decreased its position in Honeywell International Inc. (NASDAQ:HON) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,237 shares of the conglomerate’s stock after selling 3,616 shares during the period. Fiduciary Trust Co’s holdings in Honeywell International were worth $12,038,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HON. RIA Advisory Group LLC bought a new stake in shares of Honeywell International during the third quarter valued at about $6,124,000. EP Wealth Advisors LLC increased its stake in Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after buying an additional 14,271 shares during the period. SteelPeak Wealth LLC raised its position in shares of Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after buying an additional 52,830 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in shares of Honeywell International by 24.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock worth $6,039,000 after acquiring an additional 5,750 shares during the period. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Honeywell International by 2.6% in the third quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock valued at $71,619,000 after acquiring an additional 8,687 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 0.3 %

Shares of NASDAQ:HON opened at $229.64 on Thursday. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company has a market cap of $149.32 billion, a PE ratio of 26.52, a price-to-earnings-growth ratio of 2.74 and a beta of 1.03. The firm has a 50 day simple moving average of $215.46 and a 200 day simple moving average of $209.61.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid 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 yield of 1.97%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is currently 52.19%.

Analyst Ratings Changes

HON has been the topic of several recent analyst reports. Royal Bank of Canada boosted their target price on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a report on Wednesday, November 13th. Citigroup dropped their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Barclays upped their price objective on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Finally, UBS Group reissued a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.