2 hours Ago By Defense World Staff
Bright Rock Capital Management LLC boosted its holdings in Honeywell International Inc. ( NASDAQ:HON – Free Report ) by 110.0% in the third quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 52,500 shares of the conglomerate’s stock after buying an additional 27,500 shares during the quarter. Honeywell International accounts for approximately 2.2% of Bright Rock Capital Management LLC’s holdings, making the stock its 13th biggest position.
Bright Rock Capital Management LLC’s holdings in Honeywell International were worth $10,852,000 as of its most recent SEC filing. A number of other institutional investors have also recently made changes to their positions in HON. LGT Group Foundation purchased a new stake in Honeywell International during the first quarter valued at approximately $26,000.
Scarborough Advisors LLC bought a new stake in shares of Honeywell International during the 4th quarter valued at $27,000. Richardson Capital Management LLC purchased a new stake in shares of Honeywell International in the 1st quarter worth $35,000. Financial Connections Group Inc.
bought a new position in Honeywell International in the 2nd quarter worth $38,000. Finally, Pathway Financial Advisers LLC purchased a new position in Honeywell International during the first quarter valued at $39,000. Hedge funds and other institutional investors own 75.
91% of the company’s stock. Honeywell International Trading Down 0.5 % Shares of NASDAQ HON opened at $202.
88 on Friday. The business’s 50 day moving average price is $202.76 and its 200-day moving average price is $203.
81. Honeywell International Inc. has a fifty-two week low of $174.
88 and a fifty-two week high of $220.79. The company has a debt-to-equity ratio of 1.
19, a quick ratio of 0.91 and a current ratio of 1.21.
The company has a market cap of $132.11 billion, a price-to-earnings ratio of 23.51, a PEG ratio of 2.
32 and a beta of 1.03. 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 given a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.
08. The ex-dividend date is Friday, November 15th. This represents a $4.
52 dividend on an annualized basis and a dividend yield of 2.23%. Honeywell International’s dividend payout ratio is presently 52.
38%. Wall Street Analyst Weigh In Several research analysts have recently commented on HON shares. Morgan Stanley assumed coverage on Honeywell International in a research note on Friday, September 6th.
They issued an “equal weight” rating and a $210.00 price objective on the stock. UBS Group upgraded shares of Honeywell International from a “sell” rating to a “neutral” rating and raised their target price for the stock from $175.
00 to $215.00 in a research note on Monday, June 10th. StockNews.
com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Royal Bank of Canada restated a “sector perform” rating and set a $214.00 target price on shares of Honeywell International in a research note on Thursday, September 26th.
Finally, Wells Fargo & Company decreased their price target on Honeywell International from $220.00 to $215.00 and set an “equal weight” rating on the stock in a report on Friday, July 26th.
Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $223.
13. View Our Latest Research Report on HON Honeywell International Profile ( Free Report ) 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.
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