Honeywell International Inc. (NASDAQ:HON) Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,926 shares of the conglomerate’s stock after selling 52 shares during the period. Chicago Partners Investment Group LLC’s holdings in Honeywell International were worth $645,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in HON. LGT Group Foundation bought a new stake in shares of Honeywell International during the first quarter valued at approximately $26,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth approximately $29,000. Financial Connections Group Inc. bought a new stake in Honeywell International during the second quarter worth approximately $38,000. Pathway Financial Advisers LLC bought a new stake in Honeywell International during the first quarter worth approximately $39,000. Finally, New Covenant Trust Company N.A. bought a new stake in Honeywell International during the first quarter worth approximately $42,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.8 %

NASDAQ HON opened at $207.54 on Tuesday. Honeywell International Inc. has a twelve month low of $183.20 and a twelve month high of $222.98. 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 stock has a market cap of $134.95 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 2.44 and a beta of 1.03. The firm’s 50 day moving average price is $208.03 and its two-hundred day moving average price is $206.07.

Honeywell International Increases Dividend

The business 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. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 2.18%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s payout ratio is currently 52.19%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company boosted their target price on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Morgan Stanley began coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price on the stock. Royal Bank of Canada dropped their price target on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a report on Friday, October 25th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Barclays dropped their price target on Honeywell International from $232.00 to $229.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $223.73.

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.