Tradewinds LLC. Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

Tradewinds LLC. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 6.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,788 shares of the conglomerate’s stock after buying an additional 1,745 shares during the quarter. Honeywell International accounts for about 1.8% of Tradewinds LLC.’s investment portfolio, making the stock its 18th largest holding. Tradewinds LLC.’s holdings in Honeywell International were worth $5,744,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Quent Capital LLC grew its position in shares of Honeywell International by 4.7% in the 1st quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock worth $353,000 after acquiring an additional 77 shares in the last quarter. Covestor Ltd increased its stake in Honeywell International by 17.3% during the first quarter. Covestor Ltd now owns 447 shares of the conglomerate’s stock valued at $92,000 after purchasing an additional 66 shares during the last quarter. LGT Group Foundation acquired a new stake in shares of Honeywell International during the first quarter worth $26,000. Advisors Asset Management Inc. lifted its position in shares of Honeywell International by 0.5% in the 1st quarter. Advisors Asset Management Inc. now owns 15,535 shares of the conglomerate’s stock worth $3,189,000 after buying an additional 78 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of Honeywell International by 6.7% in the 1st quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock valued at $698,312,000 after buying an additional 212,327 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of several research reports. Barclays increased their price objective on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. 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 research report on Friday, October 25th. 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 note on Friday, October 25th. Wells Fargo & Company upped 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 report on Wednesday, November 13th. Finally, 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. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $241.45.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $226.67 on Thursday. The stock has a market cap of $147.39 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 2.71 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 12 month low of $189.66 and a 12 month high of $242.77. The stock’s 50 day moving average price is $212.94 and its 200 day moving average price is $208.54.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a $1.13 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 1.99%. Honeywell International’s dividend payout ratio is 52.19%.

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.