Meeder Advisory Services Inc. Sells 547 Shares of Honeywell International Inc. (NASDAQ:HON)

Meeder Advisory Services Inc. lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,259 shares of the conglomerate’s stock after selling 547 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Honeywell International were worth $2,534,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. LGT Group Foundation bought a new stake in shares of Honeywell International in the first quarter valued at about $26,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth about $29,000. Planning Capital Management Corp lifted its position in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. Financial Connections Group Inc. bought a new stake in Honeywell International during the second quarter worth about $38,000. Finally, Pathway Financial Advisers LLC bought a new stake in Honeywell International during the first quarter worth about $39,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.2 %

NASDAQ:HON opened at $229.48 on Monday. 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 company has a market cap of $149.22 billion, a P/E ratio of 26.44, a P/E/G ratio of 2.72 and a beta of 1.03. The stock’s fifty day moving average price is $211.39 and its two-hundred day moving average price is $207.94.

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 given a $1.13 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 1.97%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is presently 49.88%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HON shares. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. UBS Group reiterated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Barclays boosted their target price on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Finally, Royal Bank of Canada upped their target price 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 analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.