Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,004 shares of the conglomerate’s stock after purchasing an additional 3,645 shares during the period. Janney Montgomery Scott LLC’s holdings in Honeywell International were worth $56,640,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. White Pine Investment CO raised its stake in Honeywell International by 19.0% during the 3rd quarter. White Pine Investment CO now owns 16,564 shares of the conglomerate’s stock worth $3,424,000 after acquiring an additional 2,650 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its holdings in shares of Honeywell International by 3.2% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 2,518 shares of the conglomerate’s stock valued at $521,000 after purchasing an additional 79 shares during the last quarter. Private Wealth Partners LLC grew its stake in Honeywell International by 12.1% during the 3rd quarter. Private Wealth Partners LLC now owns 107,417 shares of the conglomerate’s stock worth $22,204,000 after buying an additional 11,615 shares during the last quarter. Argonautica Private Wealth Management Inc. increased its position in Honeywell International by 18.1% during the third quarter. Argonautica Private Wealth Management Inc. now owns 12,466 shares of the conglomerate’s stock worth $2,577,000 after buying an additional 1,910 shares during the period. Finally, Invesco LLC lifted its stake in Honeywell International by 3.1% in the third quarter. Invesco LLC now owns 3,200 shares of the conglomerate’s stock valued at $661,000 after buying an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.7 %

Shares of Honeywell International stock opened at $209.19 on Monday. The company has a 50-day moving average of $207.95 and a two-hundred day moving average of $205.96. The stock has a market cap of $136.03 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12-month low of $183.20 and a 12-month high of $222.98.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is 49.88%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Morgan Stanley started coverage on shares of Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target for the company. Wells Fargo & Company increased their target price on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Citigroup decreased their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, Barclays cut their price target on Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Ten 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 currently has an average rating of “Hold” and a consensus price target of $223.73.

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.