Aviso Wealth Management Acquires 2,674 Shares of Honeywell International Inc. (NASDAQ:HON)

Aviso Wealth Management lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 50.1% during the third quarter, HoldingsChannel.com reports. The firm owned 8,014 shares of the conglomerate’s stock after purchasing an additional 2,674 shares during the period. Aviso Wealth Management’s holdings in Honeywell International were worth $1,657,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. RIA Advisory Group LLC bought a new stake in Honeywell International during the third quarter worth $6,124,000. EP Wealth Advisors LLC raised its position in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after acquiring an additional 14,271 shares in the last quarter. SteelPeak Wealth LLC raised its position in Honeywell International by 255.2% during the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after acquiring an additional 52,830 shares in the last quarter. Los Angeles Capital Management LLC raised its position in Honeywell International by 24.5% during the third quarter. Los Angeles Capital Management LLC now owns 29,213 shares of the conglomerate’s stock worth $6,039,000 after acquiring an additional 5,750 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its position in Honeywell International by 2.6% during the third quarter. Asset Management One Co. Ltd. now owns 346,469 shares of the conglomerate’s stock worth $71,619,000 after acquiring an additional 8,687 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.7 %

HON stock opened at $228.99 on Monday. 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’s 50-day simple moving average is $211.39 and its 200 day simple moving average is $207.94. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a market capitalization of $148.90 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $1.13 dividend. The ex-dividend date is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 1.97%. Honeywell International’s dividend payout ratio is 49.88%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Citigroup dropped their price target on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Barclays increased their price objective on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. UBS Group reissued a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. Finally, Wells Fargo & Company increased their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and an average price target of $241.45.

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.