Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Nicolet Advisory Services LLC

Nicolet Advisory Services LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 7.7% during the 3rd quarter, Holdings Channel reports. The fund owned 10,464 shares of the conglomerate’s stock after acquiring an additional 744 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Honeywell International were worth $2,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in HON. Quent Capital LLC raised its stake in shares of Honeywell International by 4.7% during the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after purchasing an additional 77 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Honeywell International by 0.5% during the 1st quarter. Advisors Asset Management Inc. now owns 15,535 shares of the conglomerate’s stock valued at $3,189,000 after buying an additional 78 shares during the period. Epoch Investment Partners Inc. raised its position in shares of Honeywell International by 0.4% during the 1st quarter. Epoch Investment Partners Inc. now owns 162,478 shares of the conglomerate’s stock worth $33,349,000 after buying an additional 618 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Honeywell International by 2.8% in the first quarter. Kestra Advisory Services LLC now owns 90,424 shares of the conglomerate’s stock valued at $18,560,000 after acquiring an additional 2,448 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC acquired a new position in shares of Honeywell International during the first quarter valued at approximately $263,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.3 %

NASDAQ HON opened at $229.11 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm’s fifty day simple moving average is $213.86 and its 200-day simple moving average is $208.90. The company has a market capitalization of $148.98 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 2.71 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.97%. Honeywell International’s dividend payout ratio (DPR) is 52.19%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. JPMorgan Chase & Co. decreased their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Wells Fargo & Company boosted their price target on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Barclays boosted their target price on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average price target 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.