Honeywell International Inc. (NASDAQ:HON) Holdings Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,784,199 shares of the conglomerate’s stock after acquiring an additional 42,287 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.58% of Honeywell International worth $782,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. LGT Group Foundation acquired a new position in Honeywell International during the 1st quarter valued at $26,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the third quarter worth approximately $29,000. Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares in the last quarter. Financial Connections Group Inc. acquired a new stake in shares of Honeywell International in the second quarter valued at approximately $38,000. Finally, Pathway Financial Advisers LLC acquired a new position in Honeywell International during the 1st quarter valued at about $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HON. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company upped their price target on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. UBS Group reissued a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Royal Bank of Canada increased their price target on shares of Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a report on Wednesday, November 13th. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $241.45.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $0.09 during trading on Thursday, hitting $226.76. 236,279 shares of the company were exchanged, compared to its average volume of 3,100,914. The company has a market capitalization of $147.45 billion, a P/E ratio of 26.17, a price-to-earnings-growth ratio of 2.71 and a beta of 1.03. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s 50 day moving average is $212.94 and its 200-day moving average is $208.54.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Friday, November 15th. Honeywell International’s payout ratio is 52.19%.

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.