Zurcher Kantonalbank Zurich Cantonalbank Has $28.34 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 137,117 shares of the conglomerate’s stock after buying an additional 2,895 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Honeywell International were worth $28,343,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. RIA Advisory Group LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $6,124,000. EP Wealth Advisors LLC grew its position in shares of Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after buying an additional 14,271 shares during the period. SteelPeak Wealth LLC grew its position in Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares during the period. Los Angeles Capital Management LLC grew its position in Honeywell International by 24.5% in the 3rd quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock valued at $6,039,000 after purchasing an additional 5,750 shares during the period. Finally, Asset Management One Co. Ltd. grew its position in Honeywell International by 2.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock valued at $71,619,000 after purchasing an additional 8,687 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HON. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Royal Bank of Canada lifted their price target on shares of Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 13th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $241.45.

Honeywell International Trading Down 0.3 %

NASDAQ HON opened at $229.64 on Friday. The stock has a market capitalization of $149.32 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 2.74 and a beta of 1.03. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The business’s fifty day moving average is $215.98 and its 200-day moving average is $209.74.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.97%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s payout ratio is presently 52.19%.

Honeywell International Company 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.