Honeywell International Inc. (NASDAQ:HON) Shares Purchased by WoodTrust Financial Corp

WoodTrust Financial Corp increased its stake in Honeywell International Inc. (NASDAQ:HON) by 6.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,205 shares of the conglomerate’s stock after buying an additional 1,595 shares during the quarter. WoodTrust Financial Corp’s holdings in Honeywell International were worth $5,624,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Vickerman Investment Advisors Inc. grew its stake in Honeywell International by 1.6% during the 3rd quarter. Vickerman Investment Advisors Inc. now owns 15,504 shares of the conglomerate’s stock valued at $3,205,000 after purchasing an additional 237 shares in the last quarter. Advisors Management Group Inc. ADV raised its holdings in shares of Honeywell International by 10.1% during the third quarter. Advisors Management Group Inc. ADV now owns 25,317 shares of the conglomerate’s stock worth $5,233,000 after purchasing an additional 2,316 shares during the period. Blake Schutter Theil Wealth Advisors LLC bought a new position in Honeywell International in the third quarter worth about $472,000. JNBA Financial Advisors lifted its holdings in shares of Honeywell International by 4.9% in the 3rd quarter. JNBA Financial Advisors now owns 2,071 shares of the conglomerate’s stock worth $428,000 after purchasing an additional 97 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in Honeywell International by 14.9% in the third quarter. Concurrent Investment Advisors LLC now owns 20,144 shares of the conglomerate’s stock valued at $4,164,000 after buying an additional 2,605 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several analyst reports. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Royal Bank of Canada cut their target price on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a research report on Friday, October 25th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, 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. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Honeywell International has an average rating of “Hold” and an average target price of $223.73.

Honeywell International Stock Up 3.6 %

Shares of Honeywell International stock opened at $216.40 on Thursday. Honeywell International Inc. has a 12-month low of $183.20 and a 12-month high of $222.98. The stock has a market capitalization of $140.71 billion, a P/E ratio of 24.99, a PEG ratio of 2.49 and a beta of 1.03. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a 50 day moving average price of $208.31 and a two-hundred day moving average price of $206.25.

Honeywell International Increases Dividend

The firm 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. This represents a $4.52 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is currently 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.