Honeywell International Inc. (NASDAQ:HON) Stock Holdings Decreased by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 7.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,645 shares of the conglomerate’s stock after selling 211 shares during the period. Angeles Investment Advisors LLC’s holdings in Honeywell International were worth $547,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Pinnacle Financial Partners Inc raised its stake in Honeywell International by 22.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 140,104 shares of the conglomerate’s stock valued at $28,961,000 after purchasing an additional 25,312 shares during the last quarter. Mengis Capital Management Inc. raised its stake in shares of Honeywell International by 0.4% in the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock valued at $2,517,000 after buying an additional 50 shares in the last quarter. MQS Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth about $717,000. Hamel Associates Inc. grew its holdings in shares of Honeywell International by 7.7% in the 3rd quarter. Hamel Associates Inc. now owns 26,438 shares of the conglomerate’s stock worth $5,465,000 after purchasing an additional 1,890 shares during the last quarter. Finally, Simmons Bank grew its holdings in Honeywell International by 5.9% during the 3rd quarter. Simmons Bank now owns 27,553 shares of the conglomerate’s stock worth $5,695,000 after acquiring an additional 1,542 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HON shares. Barclays lowered their price target on shares of Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Citigroup cut their price objective on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $223.73.

Honeywell International Stock Up 0.6 %

Shares of HON traded up $1.34 during trading hours on Wednesday, reaching $235.25. The stock had a trading volume of 413,535 shares, compared to its average volume of 3,072,503. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a 50-day simple moving average of $209.67 and a 200 day simple moving average of $207.16. Honeywell International Inc. has a 12 month low of $188.65 and a 12 month high of $242.77. The company has a market capitalization of $152.97 billion, a price-to-earnings ratio of 27.14, a P/E/G ratio of 2.68 and a beta of 1.03.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 1.92%. Honeywell International’s dividend payout ratio (DPR) 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.