Signature Estate & Investment Advisors LLC Acquires 51 Shares of Honeywell International Inc. (NASDAQ:HON)

Signature Estate & Investment Advisors LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,422 shares of the conglomerate’s stock after acquiring an additional 51 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Honeywell International were worth $707,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HON. Price T Rowe Associates Inc. MD increased its position in shares of Honeywell International by 22.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,587,718 shares of the conglomerate’s stock valued at $1,967,880,000 after purchasing an additional 1,746,759 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after purchasing an additional 310,807 shares during the last quarter. Legal & General Group Plc increased its position in shares of Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after purchasing an additional 42,305 shares during the last quarter. Capital Research Global Investors increased its position in shares of Honeywell International by 6.7% during the 1st quarter. Capital Research Global Investors now owns 3,402,252 shares of the conglomerate’s stock valued at $698,312,000 after purchasing an additional 212,327 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Honeywell International by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,950,562 shares of the conglomerate’s stock valued at $630,086,000 after purchasing an additional 325,272 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

HON has been the topic of several recent research reports. Barclays increased their price objective on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. dropped 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. Citigroup dropped their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday, October 25th. UBS Group restated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $241.45.

Honeywell International Trading Down 0.2 %

NASDAQ HON opened at $228.99 on Friday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a 50 day simple moving average of $211.39 and a two-hundred day simple moving average of $207.74. The stock has a market cap of $148.90 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03.

Honeywell International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be issued a $1.13 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.52 annualized dividend and a yield of 1.97%. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is 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.