Prudent Man Advisors LLC Has $1.52 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Prudent Man Advisors LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,345 shares of the conglomerate’s stock after selling 222 shares during the quarter. Prudent Man Advisors LLC’s holdings in Honeywell International were worth $1,518,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Honeywell International by 22.3% during the 1st 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 during the period. Ameriprise Financial Inc. increased its stake in Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after acquiring an additional 310,807 shares during the period. Legal & General Group Plc raised its holdings in Honeywell International by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after acquiring an additional 42,305 shares in the last quarter. Capital Research Global Investors lifted its position 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 worth $698,312,000 after acquiring an additional 212,327 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Honeywell International by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after purchasing an additional 325,272 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Down 0.7 %

NASDAQ HON opened at $228.99 on Monday. The stock’s 50 day simple moving average is $211.39 and its 200 day simple moving average is $207.94. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The firm has a market cap of $148.90 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 2.72 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 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 issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is presently 49.88%.

Analyst Ratings Changes

A number of research analysts recently commented on HON shares. Barclays upped their target price on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Royal Bank of Canada lifted their target price on shares of Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 13th. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Wells Fargo & Company raised 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 note on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Honeywell International has an average rating of “Hold” and an average target price of $241.45.

Honeywell International Company 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.