Capital City Trust Co. FL Purchases New Shares in Honeywell International Inc. (NASDAQ:HON)

Capital City Trust Co. FL acquired a new position in Honeywell International Inc. (NASDAQ:HON) during the third quarter, HoldingsChannel reports. The fund acquired 969 shares of the conglomerate’s stock, valued at approximately $200,000.

Several other large investors also recently made changes to their positions in HON. Aviso Wealth Management lifted its position in shares of Honeywell International by 50.1% during the third quarter. Aviso Wealth Management now owns 8,014 shares of the conglomerate’s stock worth $1,657,000 after purchasing an additional 2,674 shares in the last quarter. Taurus Asset Management LLC lifted its holdings in Honeywell International by 5.6% during the 3rd quarter. Taurus Asset Management LLC now owns 1,346 shares of the conglomerate’s stock worth $278,000 after buying an additional 71 shares in the last quarter. Quest Partners LLC lifted its holdings in Honeywell International by 471,350.0% during the 3rd quarter. Quest Partners LLC now owns 9,429 shares of the conglomerate’s stock worth $1,949,000 after buying an additional 9,427 shares in the last quarter. Aljian Capital Management LLC bought a new stake in shares of Honeywell International during the third quarter worth $216,000. Finally, Accent Capital Management LLC lifted its stake in shares of Honeywell International by 261.3% during the third quarter. Accent Capital Management LLC now owns 8,888 shares of the conglomerate’s stock valued at $1,837,000 after acquiring an additional 6,428 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.7 %

Shares of HON stock opened at $228.99 on Monday. The firm’s fifty day moving average price is $211.39 and its two-hundred day moving average price is $207.94. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The firm has a market capitalization of $148.90 billion, a P/E ratio of 26.44, a PEG ratio of 2.72 and a beta of 1.03.

Honeywell International Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Bank of America upped their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Morgan Stanley began coverage on Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective for the company. Finally, Citigroup decreased their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $241.45.

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.