Honeywell International Inc. (NASDAQ:HON) Shares Bought by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 7.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,464 shares of the conglomerate’s stock after purchasing an additional 744 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Honeywell International were worth $2,123,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HON. Quent Capital LLC increased its holdings in shares of Honeywell International by 4.7% during the 1st quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock worth $353,000 after buying an additional 77 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Honeywell International by 0.5% in the 1st quarter. Advisors Asset Management Inc. now owns 15,535 shares of the conglomerate’s stock worth $3,189,000 after purchasing an additional 78 shares during the period. Epoch Investment Partners Inc. lifted its stake in shares of Honeywell International by 0.4% in the 1st quarter. Epoch Investment Partners Inc. now owns 162,478 shares of the conglomerate’s stock valued at $33,349,000 after purchasing an additional 618 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Honeywell International by 2.8% during the 1st quarter. Kestra Advisory Services LLC now owns 90,424 shares of the conglomerate’s stock worth $18,560,000 after purchasing an additional 2,448 shares during the period. Finally, Mount Yale Investment Advisors LLC acquired a new stake in Honeywell International during the 1st quarter worth approximately $263,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $229.11 on Friday. The stock has a market capitalization of $148.98 billion, a P/E ratio of 26.46, a P/E/G ratio of 2.71 and a beta of 1.03. The firm’s 50-day moving average price is $213.86 and its two-hundred day moving average price is $208.90. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

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 given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 1.97%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s payout ratio is currently 52.19%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Barclays upped their target price on Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Morgan Stanley assumed coverage on Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price on the stock. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $241.45.

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.