Aviso Wealth Management increased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 50.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,014 shares of the conglomerate's stock after acquiring an additional 2,674 shares during the period. Aviso Wealth Management's holdings in Honeywell International were worth $1,657,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. RIA Advisory Group LLC purchased a new position in Honeywell International during the 3rd quarter worth approximately $6,124,000. EP Wealth Advisors LLC grew its stake in 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 last quarter. SteelPeak Wealth LLC grew its stake in Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate's stock worth $15,199,000 after buying an additional 52,830 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in shares of 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 last quarter. Finally, Asset Management One Co. Ltd. grew its stake in shares of 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 last quarter. Institutional investors and hedge funds own 75.91% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on HON. 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. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a research note on Thursday. UBS Group reiterated a "buy" rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Citigroup reduced their price target on Honeywell International from $248.00 to $244.00 and set a "buy" rating for the company in a report on Friday, October 25th. Finally, Wolfe Research downgraded Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $241.45.
Read Our Latest Analysis on Honeywell International
Honeywell International Stock Performance
HON traded down $0.08 during trading hours on Monday, hitting $228.91. The company's stock had a trading volume of 1,243,430 shares, compared to its average volume of 3,094,701. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The firm has a market capitalization of $148.85 billion, a PE ratio of 26.50, a PEG ratio of 2.72 and a beta of 1.03. The company has a 50-day simple moving average of $211.39 and a 200 day simple moving average of $207.94. 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 firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Honeywell International's previous quarterly dividend of $1.08. Honeywell International's dividend payout ratio (DPR) is 49.88%.
About Honeywell International
(
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.
Featured Articles
Before you consider Honeywell International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honeywell International wasn't on the list.
While Honeywell International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
