Honeywell International Inc. (NASDAQ:HON) Shares Acquired by One Wealth Advisors LLC

One Wealth Advisors LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 10.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,354 shares of the conglomerate’s stock after buying an additional 124 shares during the quarter. One Wealth Advisors LLC’s holdings in Honeywell International were worth $280,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LGT Group Foundation purchased a new stake in Honeywell International during the 1st quarter worth about $26,000. Richardson Capital Management LLC purchased a new stake in Honeywell International in the 1st quarter valued at about $35,000. Financial Connections Group Inc. purchased a new stake in Honeywell International in the 2nd quarter valued at about $38,000. Pathway Financial Advisers LLC purchased a new stake in Honeywell International in the 1st quarter valued at about $39,000. Finally, New Covenant Trust Company N.A. purchased a new stake in Honeywell International in the 1st quarter valued at about $42,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Morgan Stanley began coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price for the company. JPMorgan Chase & Co. cut Honeywell International from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $225.00 to $235.00 in a report on Thursday, October 10th. 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 report on Monday, October 7th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $214.00 target price on shares of Honeywell International in a report on Thursday, September 26th. Seven equities research 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.com, the company presently has an average rating of “Hold” and an average price target of $223.56.

Honeywell International Stock Performance

Shares of HON opened at $219.55 on Friday. The business’s 50 day moving average is $205.05 and its two-hundred day moving average is $204.62. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $220.79. The firm has a market cap of $142.97 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 2.45 and a beta of 1.03. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 1.19.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The company had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same period in the prior year, the company posted $2.23 EPS. Honeywell International’s quarterly revenue was up 4.7% on a year-over-year basis. Analysts forecast that Honeywell International Inc. will post 10.1 EPS for the current fiscal year.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid 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 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is presently 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.