Clearview Wealth Advisors LLC Sells 65 Shares of Honeywell International Inc. (NASDAQ:HON)

Clearview Wealth Advisors LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,570 shares of the conglomerate’s stock after selling 65 shares during the period. Clearview Wealth Advisors LLC’s holdings in Honeywell International were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. LGT Group Foundation purchased a new stake in shares of Honeywell International during the 1st quarter valued at about $26,000. Scarborough Advisors LLC bought a new stake in Honeywell International in the fourth quarter worth $27,000. Richardson Capital Management LLC purchased a new position in Honeywell International during the first quarter worth $35,000. Financial Connections Group Inc. bought a new position in Honeywell International during the second quarter valued at $38,000. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of Honeywell International in the first quarter valued at $39,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of several analyst reports. Wells Fargo & Company cut their price target on shares of Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a report on Monday, October 7th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. JPMorgan Chase & Co. cut Honeywell International from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $225.00 to $235.00 in a report on Thursday, October 10th. Morgan Stanley started coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $214.00 target price on shares of Honeywell International in a research report on Thursday, September 26th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $223.56.

Honeywell International Trading Down 0.2 %

NASDAQ HON opened at $217.27 on Wednesday. Honeywell International Inc. has a one year low of $174.88 and a one year high of $220.79. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. The company has a market capitalization of $141.48 billion, a price-to-earnings ratio of 25.18, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. The company’s 50-day simple moving average is $204.24 and its two-hundred day simple moving average is $204.41.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. The company had revenue of $9.58 billion during the quarter, compared to the consensus estimate of $9.41 billion. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. Honeywell International’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.23 earnings per share. Equities analysts forecast that Honeywell International Inc. will post 10.1 EPS for the current fiscal year.

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 paid a dividend of $1.13 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is 52.38%.

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.