Honeywell International Inc. (NASDAQ:HON) Shares Sold by Alpha Family Trust

Alpha Family Trust decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,280 shares of the conglomerate’s stock after selling 150 shares during the quarter. Honeywell International comprises approximately 0.6% of Alpha Family Trust’s portfolio, making the stock its 27th biggest holding. Alpha Family Trust’s holdings in Honeywell International were worth $1,091,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HON. Price T Rowe Associates Inc. MD grew its holdings in shares of Honeywell International by 22.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after acquiring an additional 1,746,759 shares during the period. Ameriprise Financial Inc. raised its holdings in Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares during the last quarter. Legal & General Group Plc raised its holdings in Honeywell International by 0.9% during the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after purchasing an additional 42,305 shares during the last quarter. Capital Research Global Investors raised its holdings in Honeywell International by 6.7% during the first quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock worth $698,312,000 after purchasing an additional 212,327 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Honeywell International by 12.4% during the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after purchasing an additional 325,272 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on HON shares. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Royal Bank of Canada lifted their price objective on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a report on Wednesday. Citigroup reduced their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday, October 25th. Barclays raised 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. 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 equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $241.45.

Honeywell International Stock Performance

HON opened at $228.99 on Friday. The company has a market capitalization of $148.90 billion, a price-to-earnings ratio of 26.44, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The business has a 50 day moving average price of $211.39 and a two-hundred day moving average price of $207.85.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 1.97%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is 49.88%.

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.