Honeywell International Inc. (NASDAQ:HON) Shares Sold by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 56,292 shares of the conglomerate’s stock after selling 54 shares during the period. Honeywell International makes up approximately 0.9% of Clear Harbor Asset Management LLC’s holdings, making the stock its 23rd largest position. Clear Harbor Asset Management LLC’s holdings in Honeywell International were worth $11,636,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in HON. Price T Rowe Associates Inc. MD raised its holdings in Honeywell International by 22.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock worth $1,967,880,000 after purchasing an additional 1,746,759 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after buying an additional 310,807 shares in the last quarter. Legal & General Group Plc increased its holdings in Honeywell International by 0.9% in the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after buying an additional 42,305 shares in the last quarter. Capital Research Global Investors increased its holdings in Honeywell International by 6.7% in the first 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 in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Honeywell International by 12.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock valued at $630,086,000 after buying an additional 325,272 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 0.5 %

Shares of HON opened at $208.00 on Friday. The firm has a market cap of $135.45 billion, a PE ratio of 24.10, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. The company’s fifty day moving average is $207.39 and its two-hundred day moving average is $205.44. Honeywell International Inc. has a fifty-two week low of $174.88 and a fifty-two week high of $222.98. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, October 24th. The conglomerate reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.08. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business had revenue of $9.73 billion for the quarter, compared to analyst estimates of $9.90 billion. Analysts forecast that Honeywell International Inc. will post 10.1 earnings per share for the current year.

Honeywell International Increases Dividend

The firm also recently declared 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. The ex-dividend date is Friday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 2.17%. Honeywell International’s payout ratio is 52.38%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HON. Citigroup dropped their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday. Barclays dropped their target price on shares of Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a report on Friday. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Royal Bank of Canada dropped their target price on shares of Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a report on Friday. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday. Ten equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus price target of $223.73.

Honeywell International Profile

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.