Honeywell International Inc. (NASDAQ:HON) Shares Sold by Centaurus Financial Inc.

Centaurus Financial Inc. cut its stake in Honeywell International Inc. (NASDAQ:HON) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,897 shares of the conglomerate’s stock after selling 107 shares during the period. Centaurus Financial Inc.’s holdings in Honeywell International were worth $599,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of HON. Reston Wealth Management LLC bought a new stake in Honeywell International during the 3rd quarter valued at $29,000. Planning Capital Management Corp increased its holdings in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Financial Connections Group Inc. bought a new stake in shares of Honeywell International during the second quarter valued at about $38,000. Pathway Financial Advisers LLC acquired a new stake in Honeywell International in the first quarter worth about $39,000. Finally, Western Pacific Wealth Management LP bought a new position in Honeywell International in the 3rd quarter valued at about $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HON shares. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Bank of America raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. JPMorgan Chase & Co. dropped their price target on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Citigroup cut their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Finally, Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $241.45.

Honeywell International Trading Up 0.7 %

NASDAQ HON opened at $230.60 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm’s fifty day simple moving average is $214.38 and its 200-day simple moving average is $209.27. The company has a market capitalization of $149.95 billion, a PE ratio of 26.63, a price-to-earnings-growth ratio of 2.72 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 given a $1.13 dividend. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 1.96%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio is presently 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.