United Advisor Group LLC Buys New Holdings in Honeywell International Inc. (NASDAQ:HON)

United Advisor Group LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,855 shares of the conglomerate’s stock, valued at approximately $383,000.

Other large investors have also modified their holdings of the company. ASB Consultores LLC increased its position in shares of Honeywell International by 36.4% during the third quarter. ASB Consultores LLC now owns 1,902 shares of the conglomerate’s stock worth $393,000 after acquiring an additional 508 shares during the last quarter. James J. Burns & Company LLC acquired a new position in Honeywell International in the third quarter valued at approximately $210,000. Greenwood Capital Associates LLC lifted its stake in Honeywell International by 2.6% in the third quarter. Greenwood Capital Associates LLC now owns 30,281 shares of the conglomerate’s stock valued at $6,259,000 after buying an additional 771 shares during the last quarter. FSM Wealth Advisors LLC lifted its position in Honeywell International by 4.4% in the 3rd quarter. FSM Wealth Advisors LLC now owns 2,812 shares of the conglomerate’s stock valued at $581,000 after purchasing an additional 118 shares during the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in shares of Honeywell International by 413.2% during the third quarter. Catalyst Capital Advisors LLC now owns 3,228 shares of the conglomerate’s stock worth $667,000 after buying an additional 2,599 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Bank of America reiterated a “neutral” rating and issued a $230.00 target price (down previously from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Morgan Stanley assumed coverage on shares of Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target for the company. Citigroup dropped their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Finally, StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus target price of $223.73.

Honeywell International Trading Up 3.6 %

Shares of HON stock opened at $216.40 on Thursday. Honeywell International Inc. has a 12 month low of $183.20 and a 12 month high of $222.98. The company has a market cap of $140.71 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.49 and a beta of 1.03. 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 business’s 50 day moving average is $208.31 and its two-hundred day moving average is $206.25.

Honeywell International Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.09%. Honeywell International’s payout ratio is currently 49.88%.

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.