Honeywell International Inc. (NASDAQ:HON) Shares Bought by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services increased its stake in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,175 shares of the conglomerate’s stock after purchasing an additional 99 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Honeywell International were worth $3,757,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LGT Group Foundation acquired a new position in Honeywell International during the first quarter valued at $26,000. Reston Wealth Management LLC acquired a new stake in Honeywell International in the 3rd quarter worth approximately $29,000. Financial Connections Group Inc. bought a new stake in Honeywell International during the second quarter worth approximately $38,000. Pathway Financial Advisers LLC acquired a new position in Honeywell International during the first quarter valued at approximately $39,000. Finally, New Covenant Trust Company N.A. bought a new position in shares of Honeywell International in the first quarter valued at approximately $42,000. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on HON shares. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday. Royal Bank of Canada dropped their price objective on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. decreased their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Barclays dropped their price target on Honeywell International from $232.00 to $229.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Finally, Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $223.73.

Honeywell International Price Performance

HON stock traded down $0.76 during trading on Monday, hitting $208.43. The company had a trading volume of 285,773 shares, compared to its average volume of 2,953,378. The company has a fifty day moving average price of $207.95 and a two-hundred day moving average price of $205.96. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98. The company has a market cap of $135.53 billion, a P/E ratio of 24.13, a P/E/G 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 Increases Dividend

The company 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 $1.13 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.17%. Honeywell International’s dividend payout ratio is presently 52.19%.

Honeywell International 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.