Harbor Capital Advisors Inc. Buys 74 Shares of Honeywell International Inc. (NASDAQ:HON)

Harbor Capital Advisors Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,966 shares of the conglomerate’s stock after purchasing an additional 74 shares during the period. Harbor Capital Advisors Inc.’s holdings in Honeywell International were worth $3,094,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. EP Wealth Advisors LLC increased its holdings in shares of Honeywell International by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after purchasing an additional 14,271 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after purchasing an additional 52,830 shares in the last quarter. Jupiter Asset Management Ltd. bought a new stake in shares of Honeywell International in the 1st quarter worth $1,398,000. Koshinski Asset Management Inc. increased its holdings in shares of Honeywell International by 237.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 5,643 shares of the conglomerate’s stock worth $1,158,000 after purchasing an additional 3,970 shares in the last quarter. Finally, Burke & Herbert Bank & Trust Co. grew its holdings in shares of Honeywell International by 167.2% in the second quarter. Burke & Herbert Bank & Trust Co. now owns 7,491 shares of the conglomerate’s stock worth $1,600,000 after acquiring an additional 4,687 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $207.54 on Tuesday. The stock’s 50-day simple moving average is $208.03 and its 200-day simple moving average is $206.07. Honeywell International Inc. has a 52 week low of $183.20 and a 52 week high of $222.98. The company has a market capitalization of $134.95 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 2.44 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.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a $1.13 dividend. 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 dividend yield of 2.18%. The ex-dividend date is Friday, November 15th. Honeywell International’s payout ratio is currently 52.19%.

Analysts Set New Price Targets

HON has been the subject of several research analyst reports. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Barclays cut their price objective on 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 lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Royal Bank of Canada lowered 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. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $223.73.

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.