First National Corp MA ADV Decreases Position in Honeywell International Inc. (NASDAQ:HON)

First National Corp MA ADV decreased its stake in Honeywell International Inc. (NASDAQ:HON) by 10.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,340 shares of the conglomerate’s stock after selling 157 shares during the quarter. First National Corp MA ADV’s holdings in Honeywell International were worth $277,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. LGT Group Foundation purchased a new stake in shares of Honeywell International in the first quarter valued at $26,000. Scarborough Advisors LLC purchased a new position in shares of Honeywell International during the fourth quarter valued at approximately $27,000. Richardson Capital Management LLC bought a new position in shares of Honeywell International during the first quarter valued at approximately $35,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International in the second quarter worth approximately $38,000. Finally, Pathway Financial Advisers LLC bought a new stake in shares of Honeywell International during the 1st quarter worth approximately $39,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HON. Wells Fargo & Company decreased their target price on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating for the company in a research report on Monday. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Royal Bank of Canada restated a “sector perform” rating and issued a $214.00 target price on shares of Honeywell International in a research note on Thursday, September 26th. Finally, Morgan Stanley initiated coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price target for the company. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $222.13.

Honeywell International Stock Up 1.7 %

Honeywell International stock traded up $3.58 during trading hours on Wednesday, reaching $210.58. The stock had a trading volume of 545,755 shares, compared to its average volume of 2,792,737. The company has a market cap of $137.13 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 2.32 and a beta of 1.03. The business’s 50 day moving average price is $202.90 and its 200-day moving average price is $203.97. Honeywell International Inc. has a 52 week low of $174.88 and a 52 week high of $220.79. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The company had revenue of $9.58 billion during the quarter, compared to analysts’ expectations of $9.41 billion. During the same quarter in the prior year, the company posted $2.23 earnings per share. Honeywell International’s revenue for the quarter was up 4.7% compared to the same quarter last year. Sell-side analysts anticipate that Honeywell International Inc. will post 10.11 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 2.15%. Honeywell International’s dividend payout ratio (DPR) is 52.38%.

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.