Orion Capital Management LLC Buys 182 Shares of Honeywell International Inc. (NASDAQ:HON)

Orion Capital Management LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 16.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,268 shares of the conglomerate’s stock after acquiring an additional 182 shares during the period. Orion Capital Management LLC’s holdings in Honeywell International were worth $262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after acquiring an additional 547,998 shares during the period. M&T Bank Corp lifted its stake in shares of Honeywell International by 1.1% in the 3rd quarter. M&T Bank Corp now owns 298,210 shares of the conglomerate’s stock worth $61,643,000 after purchasing an additional 3,143 shares during the period. Executive Wealth Management LLC bought a new position in shares of Honeywell International in the 3rd quarter worth approximately $234,000. Continuum Advisory LLC lifted its stake in shares of Honeywell International by 402.0% in the 3rd quarter. Continuum Advisory LLC now owns 502 shares of the conglomerate’s stock worth $104,000 after purchasing an additional 402 shares during the period. Finally, LRI Investments LLC raised its stake in Honeywell International by 22.4% during the 3rd quarter. LRI Investments LLC now owns 8,644 shares of the conglomerate’s stock worth $1,787,000 after acquiring an additional 1,584 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on HON shares. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Bank of America raised their target price 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. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company increased their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average price target of $244.36.

Honeywell International Stock Down 0.6 %

NASDAQ HON opened at $225.09 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. The company has a fifty day moving average of $219.12 and a two-hundred day moving average of $211.03. The firm has a market capitalization of $146.36 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.82 and a beta of 1.05. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

Honeywell International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 2.01%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date was Friday, November 15th. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

About Honeywell International

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.