Aptus Capital Advisors LLC Boosts Stake in Honeywell International Inc. (NASDAQ:HON)

Aptus Capital Advisors LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 19.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,239 shares of the conglomerate’s stock after acquiring an additional 12,178 shares during the period. Aptus Capital Advisors LLC’s holdings in Honeywell International were worth $15,553,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of HON. LGT Group Foundation purchased a new position in Honeywell International during the first quarter worth about $26,000. Reston Wealth Management LLC purchased a new position in Honeywell International in the third quarter worth approximately $29,000. Financial Connections Group Inc. acquired a new stake in Honeywell International during the second quarter worth $38,000. Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at $39,000. Finally, TruNorth Capital Management LLC purchased a new position in shares of Honeywell International during the 2nd quarter worth $43,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 3.8 %

NASDAQ HON traded up $8.59 during trading hours on Tuesday, hitting $233.83. 5,118,313 shares of the company were exchanged, compared to its average volume of 3,056,884. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of $152.05 billion, a price-to-earnings ratio of 26.01, a PEG ratio of 2.61 and a beta of 1.03. The company has a 50 day moving average of $209.09 and a two-hundred day moving average of $206.87. Honeywell International Inc. has a 52-week low of $185.71 and a 52-week high of $242.77.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 1.93%. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. cut their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Barclays dropped their price objective on Honeywell International from $232.00 to $229.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $223.73.

Honeywell International Company 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.