First Fiduciary Investment Counsel Inc. Has $17.32 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

First Fiduciary Investment Counsel Inc. lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,765 shares of the conglomerate’s stock after purchasing an additional 1,301 shares during the quarter. Honeywell International accounts for approximately 3.5% of First Fiduciary Investment Counsel Inc.’s holdings, making the stock its 5th largest position. First Fiduciary Investment Counsel Inc.’s holdings in Honeywell International were worth $17,315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of HON. Cypress Wealth Services LLC increased its holdings in shares of Honeywell International by 2.5% during the 2nd quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock valued at $417,000 after acquiring an additional 47 shares during the last quarter. Absher Wealth Management LLC increased its holdings in shares of Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after acquiring an additional 49 shares during the last quarter. Bard Financial Services Inc. increased its holdings in shares of Honeywell International by 0.3% during the 2nd quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after acquiring an additional 50 shares during the last quarter. ZRC Wealth Management LLC increased its holdings in shares of Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after acquiring an additional 50 shares during the last quarter. Finally, CFM Wealth Partners LLC increased its holdings in shares of Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $219.49 on Friday. Honeywell International Inc. has a 1-year low of $183.20 and a 1-year high of $222.98. The firm has a market capitalization of $142.72 billion, a PE ratio of 25.35, a PEG ratio of 2.47 and a beta of 1.03. The business’s 50 day moving average is $208.74 and its 200-day moving average is $206.49. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

Analyst Ratings Changes

HON has been the topic of a number of analyst reports. Royal Bank of Canada lowered their price objective on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a report on Friday, October 25th. Bank of America reaffirmed a “neutral” rating and issued a $230.00 target price (down previously from $250.00) on shares of Honeywell International in a report on Thursday, October 24th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Finally, Citigroup lowered their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $223.73.

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.