Mayflower Financial Advisors LLC Sells 172 Shares of Honeywell International Inc. (NASDAQ:HON)

Mayflower Financial Advisors LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% during the third quarter, Holdings Channel.com reports. The fund owned 17,229 shares of the conglomerate’s stock after selling 172 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Honeywell International were worth $3,562,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. EP Wealth Advisors LLC increased its holdings in shares of Honeywell International by 4.4% during the second 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 during the period. SteelPeak Wealth LLC boosted its stake in shares of Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after buying an additional 52,830 shares during the period. Asset Management One Co. Ltd. grew its position in Honeywell International by 2.6% during the third quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after buying an additional 8,687 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in Honeywell International by 413.2% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 3,228 shares of the conglomerate’s stock worth $667,000 after acquiring an additional 2,599 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in Honeywell International by 3.7% in the 3rd quarter. Principal Financial Group Inc. now owns 797,426 shares of the conglomerate’s stock valued at $164,836,000 after acquiring an additional 28,812 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Bank of America reissued a “neutral” rating and set a $230.00 target price (down from $250.00) on shares of Honeywell International in a report on Thursday, October 24th. Morgan Stanley assumed coverage on shares of Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective on the stock. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Barclays reduced their price target on shares of 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, Royal Bank of Canada decreased their price objective on shares of 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. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $223.73.

Honeywell International Stock Performance

NASDAQ HON opened at $219.49 on Friday. The firm’s fifty day moving average price is $208.74 and its two-hundred day moving average price is $206.49. The stock has a market cap of $142.72 billion, a PE ratio of 25.35, a PEG ratio of 2.57 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98.

Honeywell International Increases Dividend

The company 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. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.06%. This is a positive change 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.