Atria Investments Inc Raises Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Atria Investments Inc lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,796 shares of the conglomerate’s stock after purchasing an additional 5,758 shares during the quarter. Atria Investments Inc’s holdings in Honeywell International were worth $16,908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Quent Capital LLC boosted its stake in Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock worth $353,000 after buying an additional 77 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in Honeywell International by 95.4% in the first quarter. Atomi Financial Group Inc. now owns 5,836 shares of the conglomerate’s stock worth $1,198,000 after buying an additional 2,849 shares in the last quarter. Sei Investments Co. boosted its stake in Honeywell International by 0.3% in the first quarter. Sei Investments Co. now owns 363,312 shares of the conglomerate’s stock worth $74,571,000 after buying an additional 1,035 shares in the last quarter. Fiduciary Family Office LLC boosted its stake in Honeywell International by 11.0% in the first quarter. Fiduciary Family Office LLC now owns 2,153 shares of the conglomerate’s stock worth $442,000 after buying an additional 213 shares in the last quarter. Finally, Choate Investment Advisors boosted its stake in Honeywell International by 21.3% in the first quarter. Choate Investment Advisors now owns 37,992 shares of the conglomerate’s stock worth $7,798,000 after buying an additional 6,663 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

HON opened at $219.49 on Friday. The stock has a fifty day simple moving average of $208.74 and a two-hundred day simple moving average of $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. The company has a market cap of $142.72 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 2.57 and a beta of 1.03. Honeywell International Inc. has a 12-month low of $183.20 and a 12-month high of $222.98.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $1.13 dividend. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.06%. Honeywell International’s dividend payout ratio is 49.88%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Bank of America reissued a “neutral” rating and set a $230.00 price objective (down previously from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Citigroup dropped their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. 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 has an average rating of “Hold” and a consensus target price of $223.73.

About Honeywell International

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.