Ewa LLC Acquires 62 Shares of Honeywell International Inc. (NASDAQ:HON)

Ewa LLC grew its stake in Honeywell International Inc. (NASDAQ:HON) by 6.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 984 shares of the conglomerate’s stock after acquiring an additional 62 shares during the quarter. Ewa LLC’s holdings in Honeywell International were worth $203,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HON. Groupama Asset Managment boosted its position in Honeywell International by 8.0% in the third quarter. Groupama Asset Managment now owns 152,909 shares of the conglomerate’s stock valued at $316,000 after buying an additional 11,378 shares during the last quarter. Roffman Miller Associates Inc. PA boosted its stake in shares of Honeywell International by 1.6% during the 3rd quarter. Roffman Miller Associates Inc. PA now owns 178,445 shares of the conglomerate’s stock worth $36,886,000 after acquiring an additional 2,861 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of Honeywell International by 7.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 525,611 shares of the conglomerate’s stock valued at $108,649,000 after buying an additional 36,069 shares in the last quarter. MML Investors Services LLC increased its holdings in Honeywell International by 4.5% in the 3rd quarter. MML Investors Services LLC now owns 132,472 shares of the conglomerate’s stock worth $27,383,000 after acquiring an additional 5,735 shares in the last quarter. Finally, Montchanin Asset Management LLC lifted its stake in Honeywell International by 6.8% in the 3rd quarter. Montchanin Asset Management LLC now owns 12,540 shares of the conglomerate’s stock valued at $2,592,000 after buying an additional 800 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 0.0 %

Shares of HON stock opened at $226.38 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The stock’s 50 day simple moving average is $218.75 and its 200 day simple moving average is $210.84. The company has a market capitalization of $147.20 billion, a price-to-earnings ratio of 26.14, a PEG ratio of 2.86 and a beta of 1.05.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were 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 annualized dividend and a yield of 2.00%. The ex-dividend date was Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is currently 52.19%.

Analyst Ratings Changes

Several brokerages have issued reports on HON. UBS Group restated a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Morgan Stanley began coverage on shares of Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Citigroup lowered their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Barclays upped their price objective on Honeywell International from $252.00 to $260.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $242.18.

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.