BBR Partners LLC Sells 69 Shares of Honeywell International Inc. (NASDAQ:HON)

BBR Partners LLC lessened its position in Honeywell International Inc. (NASDAQ:HON) by 5.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,115 shares of the conglomerate’s stock after selling 69 shares during the quarter. BBR Partners LLC’s holdings in Honeywell International were worth $230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. RIA Advisory Group LLC bought a new stake in Honeywell International in the third quarter worth $6,124,000. EP Wealth Advisors LLC lifted its stake in shares of Honeywell International by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares during the period. Los Angeles Capital Management LLC grew its position in Honeywell International by 24.5% during 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 last quarter. Finally, Asset Management One Co. Ltd. increased its stake in Honeywell International by 2.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after purchasing an additional 8,687 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $229.64 on Thursday. The firm has a market cap of $149.32 billion, a P/E ratio of 26.52, a PEG ratio of 2.74 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. 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 company has a 50 day moving average of $215.46 and a 200 day moving average of $209.61.

Honeywell International Increases Dividend

The firm 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 an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is presently 52.19%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HON shares. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company increased their price target on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Finally, Royal Bank of Canada lifted their price target on Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $241.45.

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.