2,197 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Copley Financial Group Inc.

Copley Financial Group Inc. bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,197 shares of the conglomerate’s stock, valued at approximately $454,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the 3rd quarter worth about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the third quarter worth approximately $29,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the period. Planning Capital Management Corp lifted its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares in the last quarter. Finally, Financial Connections Group Inc. acquired a new stake in shares of Honeywell International during the 2nd quarter valued at $38,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on HON shares. Citigroup upped their price target on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research note on Monday. The Goldman Sachs Group upped their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Ten research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $248.77.

Honeywell International Stock Performance

Shares of Honeywell International stock traded up $0.54 during trading on Friday, reaching $228.23. The company’s stock had a trading volume of 195,057 shares, compared to its average volume of 3,130,719. The business’s fifty day moving average price is $220.58 and its 200-day moving average price is $211.47. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The firm has a market cap of $148.41 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Honeywell International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 15th were issued a dividend of $1.13 per share. The ex-dividend date of this dividend was Friday, November 15th. This is a positive change 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 1.98%. Honeywell International’s payout ratio is 52.19%.

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.