Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,107 shares of the conglomerate’s stock after purchasing an additional 165 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Honeywell International were worth $3,743,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. M&R Capital Management Inc. lifted its stake in Honeywell International by 497.8% in the third quarter. M&R Capital Management Inc. now owns 21,564 shares of the conglomerate’s stock valued at $4,458,000 after buying an additional 17,957 shares during the last quarter. Jacobs & Co. CA grew its position in Honeywell International by 2.1% during the 3rd quarter. Jacobs & Co. CA now owns 63,851 shares of the conglomerate’s stock worth $13,198,000 after purchasing an additional 1,336 shares during the last quarter. Passive Capital Management LLC. grew its position in Honeywell International by 12.0% during the 2nd quarter. Passive Capital Management LLC. now owns 1,169 shares of the conglomerate’s stock worth $250,000 after purchasing an additional 125 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Honeywell International in the second quarter valued at $12,766,000. Finally, Summit Wealth Partners LLC raised its holdings in shares of Honeywell International by 7.0% in the second quarter. Summit Wealth Partners LLC now owns 1,533 shares of the conglomerate’s stock valued at $327,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Royal Bank of Canada reissued a “sector perform” rating and issued a $214.00 price objective on shares of Honeywell International in a research note on Thursday, September 26th. Daiwa America upgraded shares of Honeywell International to a “moderate buy” rating in a research note on Wednesday, June 5th. Morgan Stanley began coverage on shares of Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Finally, Wells Fargo & Company reduced their price objective on shares of Honeywell International from $220.00 to $215.00 and set an “equal weight” rating for the company in a research report on Friday, July 26th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $223.13.

Honeywell International Trading Down 1.1 %

Shares of Honeywell International stock opened at $203.88 on Thursday. The company has a 50-day moving average of $202.75 and a two-hundred day moving average of $203.81. Honeywell International Inc. has a 12-month low of $174.88 and a 12-month high of $220.79. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 1.19. The stock has a market cap of $132.76 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 25th. The conglomerate reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.07. The firm had revenue of $9.58 billion during the quarter, compared to the consensus estimate of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. Honeywell International’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $2.23 EPS. On average, research analysts anticipate that Honeywell International Inc. will post 10.11 EPS for the current fiscal year.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.22%. The ex-dividend date is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 52.38%.

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.