Rossmore Private Capital Has $4.21 Million Position in Honeywell International Inc. (NASDAQ:HON)

Rossmore Private Capital cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,377 shares of the conglomerate’s stock after selling 90 shares during the quarter. Rossmore Private Capital’s holdings in Honeywell International were worth $4,212,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HON. LGT Group Foundation bought a new stake in shares of Honeywell International during the 1st quarter worth $26,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International during the 3rd quarter worth about $29,000. Financial Connections Group Inc. acquired a new stake in Honeywell International in the 2nd quarter valued at $38,000. Pathway Financial Advisers LLC purchased a new stake in shares of Honeywell International during the first quarter valued at approximately $39,000. Finally, Western Pacific Wealth Management LP bought a new stake in Honeywell International in the third quarter worth about $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HON shares. Wells Fargo & Company lifted 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. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Bank of America reissued a “neutral” rating and issued a $230.00 price target (down from $250.00) on shares of Honeywell International in a report on Thursday, October 24th. Finally, Morgan Stanley started coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $223.73.

Honeywell International Stock Up 3.8 %

HON opened at $233.91 on Wednesday. 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 firm’s fifty day moving average is $209.67 and its 200 day moving average is $207.16. The stock has a market cap of $152.10 billion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 2.68 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $185.71 and a fifty-two week high of $242.77.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 49.88%.

About Honeywell International

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.