RPg Family Wealth Advisory LLC Buys New Holdings in Honeywell International Inc. (NASDAQ:HON)

RPg Family Wealth Advisory LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 594 shares of the conglomerate’s stock, valued at approximately $123,000.

Other hedge funds have also added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter valued at about $29,000. Planning Capital Management Corp boosted its stake in shares of 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 during the last quarter. Financial Connections Group Inc. purchased a new position in shares of Honeywell International in the 2nd quarter worth approximately $38,000. Pathway Financial Advisers LLC purchased a new position in shares of Honeywell International in the 1st quarter worth approximately $39,000. Finally, TruNorth Capital Management LLC purchased a new position in shares of Honeywell International in the 2nd quarter worth approximately $43,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.1 %

Shares of HON stock opened at $230.40 on Wednesday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm’s 50 day moving average is $214.90 and its 200 day moving average is $209.46. The stock has a market capitalization of $149.82 billion, a P/E ratio of 26.61, a P/E/G ratio of 2.74 and a beta of 1.03.

Honeywell International Increases Dividend

The firm 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. This represents a $4.52 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is currently 52.19%.

Analyst Ratings Changes

Several research firms recently commented on HON. Morgan Stanley began coverage on Honeywell International in a research note on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective on the stock. Bank of America upped their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. UBS Group reiterated a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Barclays boosted their target price on shares of Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Finally, Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $241.45.

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.