WD Rutherford LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

WD Rutherford LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,645 shares of the conglomerate’s stock after buying an additional 990 shares during the period. Honeywell International makes up about 1.8% of WD Rutherford LLC’s portfolio, making the stock its 26th biggest holding. WD Rutherford LLC’s holdings in Honeywell International were worth $3,647,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Avitas Wealth Management LLC boosted its holdings in Honeywell International by 1.4% in the 3rd quarter. Avitas Wealth Management LLC now owns 21,997 shares of the conglomerate’s stock worth $4,547,000 after acquiring an additional 294 shares during the period. Saybrook Capital NC grew its holdings in Honeywell International by 0.3% during the 3rd quarter. Saybrook Capital NC now owns 42,890 shares of the conglomerate’s stock valued at $8,866,000 after purchasing an additional 136 shares in the last quarter. Jacobsen Capital Management boosted its position in Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after buying an additional 50 shares during the last quarter. Fidelis Capital Partners LLC increased its position in shares of Honeywell International by 5.0% during the third quarter. Fidelis Capital Partners LLC now owns 9,934 shares of the conglomerate’s stock worth $2,189,000 after acquiring an additional 474 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its stake in shares of Honeywell International by 1.4% in the third quarter. Farmers & Merchants Investments Inc. now owns 71,876 shares of the conglomerate’s stock worth $14,857,000 after acquiring an additional 975 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 0.1 %

Shares of HON opened at $205.98 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a 1-year low of $176.60 and a 1-year high of $222.98. The stock has a market capitalization of $134.13 billion, a P/E ratio of 23.87, a P/E/G ratio of 2.45 and a beta of 1.03. The business’s 50-day moving average price is $207.65 and its 200 day moving average price is $205.65.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a $1.13 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.19%. Honeywell International’s dividend payout ratio is currently 52.38%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Monday. Bank of America reissued a “neutral” rating and set a $230.00 price target (down from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Finally, Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. 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.com, the company currently has an average rating of “Hold” and an average price target of $223.73.

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.