Honeywell International Inc. (NASDAQ:HON) Shares Sold by Huntington National Bank

Huntington National Bank trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 14.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 174,421 shares of the conglomerate’s stock after selling 28,469 shares during the period. Huntington National Bank’s holdings in Honeywell International were worth $36,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Summit Asset Management LLC increased its position in shares of Honeywell International by 28.2% in the 3rd quarter. Summit Asset Management LLC now owns 5,730 shares of the conglomerate’s stock valued at $1,184,000 after acquiring an additional 1,260 shares during the period. Bouvel Investment Partners LLC increased its position in shares of Honeywell International by 0.5% in the 3rd quarter. Bouvel Investment Partners LLC now owns 18,217 shares of the conglomerate’s stock valued at $3,766,000 after acquiring an additional 84 shares during the period. Plato Investment Management Ltd increased its position in shares of Honeywell International by 346.3% in the 3rd quarter. Plato Investment Management Ltd now owns 9,975 shares of the conglomerate’s stock valued at $2,060,000 after acquiring an additional 7,740 shares during the period. Main Street Financial Solutions LLC increased its position in shares of Honeywell International by 35.5% in the 3rd quarter. Main Street Financial Solutions LLC now owns 6,581 shares of the conglomerate’s stock valued at $1,360,000 after acquiring an additional 1,723 shares during the period. Finally, D Orazio & Associates Inc. increased its position in shares of Honeywell International by 2.4% in the 3rd quarter. D Orazio & Associates Inc. now owns 4,620 shares of the conglomerate’s stock valued at $955,000 after acquiring an additional 107 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on HON shares. Royal Bank of Canada increased their price target on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Barclays increased their price target on Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. cut 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. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $240.55.

Honeywell International Trading Down 0.4 %

Shares of Honeywell International stock opened at $233.07 on Thursday. The firm has a market capitalization of $151.55 billion, a PE ratio of 26.91, a P/E/G ratio of 2.78 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $188.65 and a twelve month high of $242.77. The firm’s 50-day moving average price is $209.67 and its 200 day moving average price is $207.16. 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 business also recently declared 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. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 1.94%. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

Honeywell International Company 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.