Childress Capital Advisors LLC Sells 108 Shares of Honeywell International Inc. (NASDAQ:HON)

Childress Capital Advisors LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,072 shares of the conglomerate’s stock after selling 108 shares during the quarter. Childress Capital Advisors LLC’s holdings in Honeywell International were worth $428,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HON. Cypress Wealth Services LLC grew its position in shares of Honeywell International by 2.5% during the 2nd quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock valued at $417,000 after acquiring an additional 47 shares during the period. Bard Financial Services Inc. lifted its position in Honeywell International by 0.3% during the second quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after purchasing an additional 50 shares in the last quarter. ZRC Wealth Management LLC grew its holdings in Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 50 shares during the period. CFM Wealth Partners LLC increased its position in Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after buying an additional 50 shares in the last quarter. Finally, Jacobsen Capital Management increased its position in Honeywell International by 5.2% in the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock worth $209,000 after buying an additional 50 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 stock opened at $205.98 on Wednesday. The stock’s 50-day moving average price is $207.65 and its 200-day moving average price is $205.65. Honeywell International Inc. has a 12-month low of $176.60 and a 12-month high of $222.98. The stock has a market capitalization of $134.13 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03. 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 Increases Dividend

The company also recently disclosed 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 represents a $4.52 annualized dividend and a dividend yield of 2.19%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is 52.38%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wells Fargo & Company boosted their price objective on Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Monday. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Royal Bank of Canada lowered their target price 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. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus target price 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.