Western Pacific Wealth Management LP Makes New $41,000 Investment in Honeywell International Inc. (NASDAQ:HON)

Western Pacific Wealth Management LP purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 200 shares of the conglomerate’s stock, valued at approximately $41,000.

Other large investors have also recently bought and sold shares of the company. LGT Group Foundation bought a new stake in shares of Honeywell International during the first quarter valued at about $26,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth approximately $29,000. Financial Connections Group Inc. bought a new stake in Honeywell International during the second quarter worth approximately $38,000. Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International during the 1st quarter valued at $39,000. Finally, New Covenant Trust Company N.A. acquired a new stake in shares of Honeywell International in the first quarter valued at $42,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.5 %

Honeywell International stock opened at $217.50 on Friday. The firm’s 50 day moving average price is $208.31 and its two-hundred day moving average price is $206.25. The firm has a market cap of $141.43 billion, a PE ratio of 25.12, a P/E/G ratio of 2.47 and a beta of 1.03. Honeywell International Inc. has a twelve month low of $183.20 and a twelve month high of $222.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.08%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HON shares. Wells Fargo & Company boosted their price target on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Citigroup reduced their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday, October 25th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Royal Bank of Canada decreased their target price on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. reduced their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.