Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Signet Investment Advisory Group Inc.

Signet Investment Advisory Group Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,597 shares of the conglomerate’s stock after purchasing an additional 434 shares during the period. Honeywell International accounts for about 1.7% of Signet Investment Advisory Group Inc.’s holdings, making the stock its 22nd biggest position. Signet Investment Advisory Group Inc.’s holdings in Honeywell International were worth $3,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EP Wealth Advisors LLC lifted its position in shares of Honeywell International by 4.4% in the second 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 in the last quarter. Trilogy Capital Inc. raised its stake in Honeywell International by 125.7% in the 1st 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 during the last quarter. Jupiter Asset Management Ltd. purchased a new position in Honeywell International in the 1st quarter valued at about $1,398,000. Koshinski Asset Management Inc. lifted its holdings in Honeywell International by 237.3% in the 1st quarter. Koshinski Asset Management Inc. now owns 5,643 shares of the conglomerate’s stock valued at $1,158,000 after purchasing an additional 3,970 shares in the last quarter. Finally, Burke & Herbert Bank & Trust Co. boosted its stake in shares of Honeywell International by 167.2% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 7,491 shares of the conglomerate’s stock worth $1,600,000 after purchasing an additional 4,687 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the subject of a number of analyst reports. Royal Bank of Canada cut their price objective on shares of Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a research report on Friday. Bank of America reiterated a “neutral” rating and issued a $230.00 price target (down from $250.00) on shares of Honeywell International in a report on Thursday. Citigroup decreased their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley initiated coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price for the company. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Ten research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $223.73.

Honeywell International Stock Down 0.5 %

HON stock opened at $208.00 on Friday. The firm has a 50 day simple moving average of $207.39 and a 200 day simple moving average of $205.39. The firm has a market cap of $135.45 billion, a PE ratio of 24.10, a P/E/G ratio of 2.45 and a beta of 1.03. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91. Honeywell International Inc. has a 12 month low of $174.88 and a 12 month high of $222.98.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, October 24th. The conglomerate reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.08. Honeywell International had a net margin of 15.49% and a return on equity of 36.87%. The business had revenue of $9.73 billion for the quarter, compared to analyst estimates of $9.90 billion. Equities research analysts forecast that Honeywell International Inc. will post 10.1 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be issued a dividend of $1.13 per share. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. 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 2.17%. Honeywell International’s payout ratio is currently 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.