ORG Partners LLC Has $1.47 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

ORG Partners LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,099 shares of the conglomerate’s stock after acquiring an additional 323 shares during the quarter. ORG Partners LLC’s holdings in Honeywell International were worth $1,469,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. EP Wealth Advisors LLC raised its stake in Honeywell International by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the period. Trilogy Capital Inc. boosted its stake in shares of Honeywell International by 125.7% during the first quarter. Trilogy Capital Inc. now owns 2,422 shares of the conglomerate’s stock valued at $497,000 after purchasing an additional 1,349 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new stake in shares of Honeywell International during the first quarter valued at about $1,398,000. Lloyd Advisory Services LLC. bought a new position in shares of Honeywell International during the first quarter worth about $1,110,000. Finally, Koshinski Asset Management Inc. raised its position in shares of Honeywell International by 237.3% during the first quarter. Koshinski Asset Management Inc. now owns 5,643 shares of the conglomerate’s stock worth $1,158,000 after acquiring an additional 3,970 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the topic of several research analyst reports. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Friday, August 30th. Morgan Stanley began coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Wells Fargo & Company lowered their target price on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a research note on Monday, October 7th. JPMorgan Chase & Co. lowered Honeywell International from an “overweight” rating to a “neutral” rating and boosted their price objective for the company from $225.00 to $235.00 in a research note on Thursday. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $214.00 target price on shares of Honeywell International in a research note on Thursday, September 26th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $223.56.

Honeywell International Stock Performance

Shares of HON stock traded up $0.17 on Monday, reaching $216.16. The stock had a trading volume of 307,082 shares, compared to its average volume of 2,819,166. The company has a 50 day simple moving average of $203.51 and a 200 day simple moving average of $204.24. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $220.79. The stock has a market cap of $140.76 billion, a P/E ratio of 25.03, a price-to-earnings-growth ratio of 2.45 and a beta of 1.03.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The company had revenue of $9.58 billion for the quarter, compared to analysts’ expectations of $9.41 billion. During the same period in the previous year, the firm earned $2.23 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. Equities research analysts expect that Honeywell International Inc. will post 10.1 EPS for the current year.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.09%. The ex-dividend date is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is 52.38%.

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.