Blue Square Asset Management LLC Increases Position in Honeywell International Inc. (NASDAQ:HON)

Blue Square Asset Management LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,222 shares of the conglomerate’s stock after acquiring an additional 139 shares during the quarter. Blue Square Asset Management LLC’s holdings in Honeywell International were worth $1,700,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Wealth Planning LLC bought a new stake in Honeywell International in the second quarter valued at about $392,478,000. Price T Rowe Associates Inc. MD boosted its stake in Honeywell International by 22.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock valued at $1,967,880,000 after acquiring an additional 1,746,759 shares during the period. International Assets Investment Management LLC boosted its stake in Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares during the period. Natixis boosted its stake in Honeywell International by 184.8% in the first quarter. Natixis now owns 838,716 shares of the conglomerate’s stock valued at $172,146,000 after acquiring an additional 544,175 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Honeywell International by 12.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock valued at $630,086,000 after acquiring an additional 325,272 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

NASDAQ HON opened at $209.19 on Monday. The business’s fifty day moving average is $207.95 and its two-hundred day moving average is $205.96. 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 1 year low of $183.20 and a 1 year high of $222.98. The stock has a market capitalization of $136.03 billion, a P/E ratio of 24.16, a P/E/G ratio of 2.44 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s payout ratio is 49.88%.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research reports. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. 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. Finally, Royal Bank of Canada reduced their price objective on Honeywell International from $214.00 to $213.00 and set a “sector perform” 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $223.73.

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.