Empower Advisory Group LLC Acquires 18,261 Shares of Honeywell International Inc. (NASDAQ:HON)

Empower Advisory Group LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 553,751 shares of the conglomerate’s stock after acquiring an additional 18,261 shares during the quarter. Empower Advisory Group LLC owned 0.09% of Honeywell International worth $114,466,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LGT Group Foundation acquired a new position in shares of Honeywell International during the 1st quarter valued at $26,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Connections Group Inc. acquired a new position in shares of Honeywell International during the 2nd quarter valued at $38,000. Pathway Financial Advisers LLC bought a new stake in Honeywell International during the 1st quarter valued at $39,000. Finally, Western Pacific Wealth Management LP bought a new stake in Honeywell International during the 3rd quarter valued at $41,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Up 3.8 %

Shares of HON opened at $233.91 on Wednesday. The firm’s 50 day simple moving average is $209.09 and its 200 day simple moving average is $206.87. The company has a market capitalization of $152.10 billion, a P/E ratio of 27.01, a P/E/G ratio of 2.61 and a beta of 1.03. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1-year low of $185.71 and a 1-year high of $242.77.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is presently 52.19%.

Wall Street Analyst Weigh In

A number of brokerages have commented on HON. Wells Fargo & Company boosted their price target on shares of Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Bank of America reiterated a “neutral” rating and issued a $230.00 target price (down previously from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Finally, Citigroup reduced their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research note 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. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and a consensus target price of $223.73.

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.