Rovin Capital UT ADV Buys 196 Shares of Honeywell International Inc. (NASDAQ:HON)

Rovin Capital UT ADV increased its position in Honeywell International Inc. (NASDAQ:HON) by 12.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,756 shares of the conglomerate’s stock after buying an additional 196 shares during the quarter. Rovin Capital UT ADV’s holdings in Honeywell International were worth $363,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in HON. LGT Group Foundation purchased a new stake in shares of Honeywell International during the first quarter worth about $26,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the third quarter worth $29,000. Financial Connections Group Inc. purchased a new position in Honeywell International during the 2nd quarter valued at $38,000. Pathway Financial Advisers LLC bought a new stake in shares of Honeywell International during the 1st quarter valued at about $39,000. Finally, TruNorth Capital Management LLC bought a new position in Honeywell International in the second quarter worth about $43,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.9 %

HON stock opened at $219.49 on Friday. The business’s 50-day moving average is $208.74 and its two-hundred day moving average is $206.49. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company has a market cap of $142.72 billion, a price-to-earnings ratio of 25.35, a P/E/G ratio of 2.47 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 2.06%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is 52.19%.

Wall Street Analyst Weigh In

HON has been the subject of a number of research analyst reports. Barclays lowered their target price on Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Morgan Stanley started coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective on the stock. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Wells Fargo & Company raised their price objective on Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Finally, Bank of America reissued a “neutral” rating and issued a $230.00 target price (down from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.