1,044 Shares in Honeywell International Inc. (NASDAQ:HON) Bought by Aljian Capital Management LLC

Aljian Capital Management LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,044 shares of the conglomerate’s stock, valued at approximately $216,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. LGT Group Foundation purchased a new stake in shares of Honeywell International during the first quarter valued at approximately $26,000. Reston Wealth Management LLC bought a new position in Honeywell International in the 3rd quarter worth approximately $29,000. Planning Capital Management Corp grew its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares in the last quarter. Financial Connections Group Inc. purchased a new position in Honeywell International during the 2nd quarter valued at about $38,000. Finally, Pathway Financial Advisers LLC bought a new stake in Honeywell International during the 1st quarter worth approximately $39,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.1 %

HON opened at $228.85 on Tuesday. 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 Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market cap of $148.81 billion, a PE ratio of 26.43, a PEG ratio of 2.72 and a beta of 1.03. The business has a 50 day moving average of $211.94 and a 200-day moving average of $208.19.

Honeywell International Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 1.98%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on HON shares. Barclays raised their price target on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Bank of America boosted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, UBS Group reaffirmed a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $241.45.

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.