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) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 200 shares of the conglomerate’s stock, valued at approximately $41,000.

Other large investors have also recently modified their holdings of the company. LGT Group Foundation purchased a new stake in shares of Honeywell International in the 1st quarter worth $26,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International in the third quarter valued at about $29,000. Financial Connections Group Inc. purchased a new stake in Honeywell International in the second quarter worth about $38,000. Pathway Financial Advisers LLC bought a new position in Honeywell International during the 1st quarter worth about $39,000. Finally, TruNorth Capital Management LLC purchased a new position in Honeywell International during the 2nd quarter valued at about $43,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.5 %

Shares of Honeywell International stock opened at $217.50 on Friday. 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 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. The business’s fifty day moving average is $208.31 and its two-hundred day moving average is $206.25. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98.

Honeywell International Increases Dividend

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

Analyst Upgrades and Downgrades

HON has been the subject of a number of analyst reports. Morgan Stanley started coverage on Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective on the stock. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. Wells Fargo & Company boosted their price objective on Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Bank of America reissued a “neutral” rating and set a $230.00 price target (down from $250.00) on shares of Honeywell International in a report on Thursday, October 24th. Finally, Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $223.73.

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.