White Lighthouse Investment Management Inc. Has $256,000 Stake in Honeywell International Inc. (NASDAQ:HON)

White Lighthouse Investment Management Inc. decreased its position in Honeywell International Inc. (NASDAQ:HON) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,240 shares of the conglomerate’s stock after selling 50 shares during the period. White Lighthouse Investment Management Inc.’s holdings in Honeywell International were worth $256,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of Honeywell International by 22.3% during 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 purchasing an additional 1,746,759 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after purchasing an additional 310,807 shares during the period. Legal & General Group Plc raised its holdings in shares of Honeywell International by 0.9% during the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after purchasing an additional 42,305 shares during the period. Capital Research Global Investors raised its holdings in shares of Honeywell International by 6.7% during the first quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock valued at $698,312,000 after purchasing an additional 212,327 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Honeywell International by 12.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock worth $630,086,000 after acquiring an additional 325,272 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company upped their price objective on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. 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 research report on Thursday, October 24th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Barclays reduced their target price on shares of Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. Finally, Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $223.73.

Honeywell International Trading Up 2.2 %

Shares of HON stock traded up $4.53 on Wednesday, hitting $213.31. 327,152 shares of the company’s stock traded hands, compared to its average volume of 2,979,156. 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 one year low of $183.20 and a one year high of $222.98. The company’s fifty day simple moving average is $208.08 and its 200 day simple moving average is $206.17. The stock has a market capitalization of $138.70 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 2.49 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Friday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is 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.