Signature Estate & Investment Advisors LLC Has $707,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Signature Estate & Investment Advisors LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 1.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 3,422 shares of the conglomerate’s stock after acquiring an additional 51 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Honeywell International were worth $707,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in HON. Quent Capital LLC lifted its holdings in shares of Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after purchasing an additional 77 shares in the last quarter. Banco Santander S.A. lifted its holdings in shares of Honeywell International by 1.9% in the first quarter. Banco Santander S.A. now owns 7,002 shares of the conglomerate’s stock valued at $1,437,000 after purchasing an additional 131 shares in the last quarter. M&G Plc bought a new position in shares of Honeywell International in the first quarter valued at approximately $1,993,000. Jupiter Asset Management Ltd. bought a new stake in Honeywell International during the first quarter worth $1,398,000. Finally, TIAA Trust National Association lifted its holdings in Honeywell International by 10.4% during the first quarter. TIAA Trust National Association now owns 60,240 shares of the conglomerate’s stock worth $12,364,000 after acquiring an additional 5,653 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $228.99 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The firm has a market cap of $148.90 billion, a price-to-earnings ratio of 26.44, a PEG ratio of 2.77 and a beta of 1.03. The business’s fifty day moving average is $211.39 and its 200 day moving average is $207.74.

Honeywell International Increases Dividend

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

Analysts Set New Price Targets

A number of analysts recently commented on HON shares. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. JPMorgan Chase & Co. dropped their price target on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Barclays lifted their price target on Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday. Morgan Stanley began coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Finally, Royal Bank of Canada boosted their target price on Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research note on Wednesday. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.