Honeywell International Inc. (NASDAQ:HON) Shares Sold by Beaird Harris Wealth Management LLC

Beaird Harris Wealth Management LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 97.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 269 shares of the conglomerate’s stock after selling 12,000 shares during the period. Beaird Harris Wealth Management LLC’s holdings in Honeywell International were worth $56,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HON. Tidal Investments LLC raised its position in Honeywell International by 46.3% in the third quarter. Tidal Investments LLC now owns 48,572 shares of the conglomerate’s stock valued at $10,040,000 after purchasing an additional 15,370 shares during the period. Blankinship & Foster LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth about $3,464,000. Destination Wealth Management raised its holdings in Honeywell International by 21.8% in the 3rd quarter. Destination Wealth Management now owns 1,234 shares of the conglomerate’s stock valued at $255,000 after buying an additional 221 shares during the period. Wilmington Savings Fund Society FSB lifted its position in Honeywell International by 17.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 119,378 shares of the conglomerate’s stock valued at $24,677,000 after buying an additional 17,785 shares during the last quarter. Finally, Arvest Bank Trust Division purchased a new position in Honeywell International during the third quarter worth about $12,815,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

NASDAQ HON opened at $227.62 on Friday. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The firm has a 50 day moving average of $221.06 and a two-hundred day moving average of $211.66. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $148.01 billion, a PE ratio of 26.28, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were paid a dividend of $1.13 per share. The ex-dividend date was Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.99%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is presently 52.19%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HON shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Wednesday. The Goldman Sachs Group raised their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective on the stock. Finally, JPMorgan Chase & Co. lowered their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Ten analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $248.77.

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.