Diversify Advisory Services LLC Sells 1,029 Shares of Honeywell International Inc. (NASDAQ:HON)

Diversify Advisory Services LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 34.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,931 shares of the conglomerate’s stock after selling 1,029 shares during the quarter. Diversify Advisory Services LLC’s holdings in Honeywell International were worth $429,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. LGT Group Foundation acquired a new position in Honeywell International during the 1st quarter valued at about $26,000. Financial Connections Group Inc. bought a new stake in Honeywell International during the second quarter worth $38,000. Pathway Financial Advisers LLC purchased a new stake in Honeywell International in the 1st quarter valued at $39,000. New Covenant Trust Company N.A. bought a new position in Honeywell International during the 1st quarter valued at $42,000. Finally, TruNorth Capital Management LLC purchased a new position in Honeywell International during the 2nd quarter worth $43,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on HON shares. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday. JPMorgan Chase & Co. dropped their target price 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. Royal Bank of Canada reduced their target price on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a report on Friday, October 25th. Wells Fargo & Company lifted their price target on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Finally, StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Monday. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $223.73.

Honeywell International Trading Up 0.7 %

HON opened at $205.68 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19. Honeywell International Inc. has a 52 week low of $179.18 and a 52 week high of $222.98. The stock has a market cap of $133.74 billion, a PE ratio of 23.75, a PEG ratio of 2.45 and a beta of 1.03. The business has a 50 day moving average of $207.82 and a 200-day moving average of $205.64.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a dividend yield of 2.20%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is presently 52.19%.

Honeywell International 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.