Hudson Value Partners LLC Trims Holdings in Honeywell International Inc. (NASDAQ:HON)

Hudson Value Partners LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 13.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,293 shares of the conglomerate’s stock after selling 362 shares during the period. Hudson Value Partners LLC’s holdings in Honeywell International were worth $474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Wealth Planning LLC acquired a new stake in shares of Honeywell International during the second quarter worth $392,478,000. Price T Rowe Associates Inc. MD lifted its stake in Honeywell International by 22.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock valued at $1,967,880,000 after buying an additional 1,746,759 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares during the period. Natixis grew its position in shares of Honeywell International by 184.8% during the first quarter. Natixis now owns 838,716 shares of the conglomerate’s stock worth $172,146,000 after acquiring an additional 544,175 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Honeywell International by 12.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after acquiring an additional 325,272 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Up 0.5 %

NASDAQ HON opened at $217.50 on Friday. The firm’s 50 day moving average price is $208.31 and its two-hundred day moving average price is $206.25. The stock has a market cap of $141.43 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 2.47 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $183.20 and a twelve month high of $222.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $1.13 per share. 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. This represents a $4.52 dividend on an annualized basis and a yield of 2.08%. Honeywell International’s payout ratio is presently 49.88%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Bank of America restated a “neutral” rating and issued a $230.00 target price (down previously from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Barclays decreased their price objective on shares of Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company boosted their price target on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus target price 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.