ING Groep NV Has $36.81 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

ING Groep NV trimmed its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 31.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,096 shares of the conglomerate’s stock after selling 82,880 shares during the quarter. ING Groep NV’s holdings in Honeywell International were worth $36,814,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC grew its position in Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the period. SteelPeak Wealth LLC boosted its stake 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 valued at $15,199,000 after purchasing an additional 52,830 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of Honeywell International by 24.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock worth $6,039,000 after purchasing an additional 5,750 shares during the last quarter. Asset Management One Co. Ltd. increased its position in shares of Honeywell International by 2.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after purchasing an additional 8,687 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Honeywell International by 3.7% in the third quarter. Principal Financial Group Inc. now owns 797,426 shares of the conglomerate’s stock valued at $164,836,000 after buying an additional 28,812 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on HON. Barclays raised their price objective on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. JPMorgan Chase & Co. reduced 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. Wells Fargo & Company increased their target price on Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, UBS Group reaffirmed a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday. Nine investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and an average price target of $241.45.

Honeywell International Trading Down 0.2 %

Shares of NASDAQ HON traded down $0.39 during mid-day trading on Thursday, hitting $232.68. The company’s stock had a trading volume of 1,033,560 shares, compared to its average volume of 3,087,617. Honeywell International Inc. has a one year low of $188.78 and a one year high of $242.77. The company’s fifty day simple moving average is $210.22 and its 200-day simple moving average is $207.34. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market cap of $151.30 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 2.78 and a beta of 1.03.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date is Friday, November 15th. 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 yield of 1.94%. Honeywell International’s dividend payout ratio (DPR) is presently 49.88%.

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.