Honeywell International Inc. (NASDAQ:HON) Shares Sold by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,926 shares of the conglomerate’s stock after selling 52 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Honeywell International were worth $645,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cypress Wealth Services LLC boosted its holdings in shares of Honeywell International by 2.5% during the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after purchasing an additional 47 shares during the last quarter. Absher Wealth Management LLC boosted its holdings in shares of Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after purchasing an additional 49 shares during the last quarter. Bard Financial Services Inc. boosted its holdings in shares of Honeywell International by 0.3% during the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock worth $3,757,000 after purchasing an additional 50 shares during the last quarter. ZRC Wealth Management LLC boosted its holdings in shares of Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after purchasing an additional 50 shares during the last quarter. Finally, CFM Wealth Partners LLC boosted its holdings in shares of Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Citigroup decreased their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Barclays cut their target price on Honeywell International from $232.00 to $229.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Bank of America reaffirmed a “neutral” rating and issued a $230.00 target price (down from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Finally, StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $223.73.

Honeywell International Stock Down 0.8 %

Shares of NASDAQ HON opened at $207.54 on Tuesday. Honeywell International Inc. has a 1 year low of $183.20 and a 1 year high of $222.98. The firm has a market cap of $134.95 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 2.44 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock’s 50-day simple moving average is $208.03 and its 200-day simple moving average is $206.07.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.18%. 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. Honeywell International’s payout ratio is presently 52.19%.

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.