Fullcircle Wealth LLC Acquires 199 Shares of Honeywell International Inc. (NASDAQ:HON)

by · The Cerbat Gem

Fullcircle Wealth LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 5.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,171 shares of the conglomerate’s stock after purchasing an additional 199 shares during the period. Fullcircle Wealth LLC’s holdings in Honeywell International were worth $860,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its position in Honeywell International by 12.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 162,774 shares of the conglomerate’s stock worth $33,409,000 after acquiring an additional 18,300 shares during the last quarter. Norden Group LLC raised its position in shares of Honeywell International by 47.9% during the first quarter. Norden Group LLC now owns 2,156 shares of the conglomerate’s stock valued at $443,000 after buying an additional 698 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Honeywell International during the first quarter valued at about $339,000. Resonant Capital Advisors LLC raised its position in shares of Honeywell International by 16.2% during the first quarter. Resonant Capital Advisors LLC now owns 1,698 shares of the conglomerate’s stock valued at $349,000 after buying an additional 237 shares during the last quarter. Finally, PDS Planning Inc raised its position in shares of Honeywell International by 10.5% during the first quarter. PDS Planning Inc now owns 2,154 shares of the conglomerate’s stock valued at $442,000 after buying an additional 204 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Performance

NASDAQ HON traded up $3.51 on Friday, hitting $209.19. 4,484,366 shares of the stock were exchanged, compared to its average volume of 2,965,961. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The business’s fifty day moving average is $207.95 and its 200 day moving average is $205.74. Honeywell International Inc. has a 52 week low of $183.20 and a 52 week high of $222.98. The company has a market capitalization of $136.03 billion, a PE ratio of 24.16, a P/E/G ratio of 2.43 and a beta of 1.03.

Honeywell International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 15th will be given a $1.13 dividend. The ex-dividend date of this dividend is Friday, November 15th. 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 2.16%. Honeywell International’s dividend payout ratio is presently 49.88%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HON shares. Wells Fargo & Company upped their target price on shares of Honeywell International from $207.00 to $215.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Royal Bank of Canada decreased their price objective on shares of Honeywell International from $214.00 to $213.00 and set a “sector perform” rating on the stock in a research note on Friday, October 25th. Citigroup decreased their price objective on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Bank of America reaffirmed a “neutral” rating and set a $230.00 price objective (down from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $223.73.

Read Our Latest Report on Honeywell International

Honeywell International Profile

(Free Report)

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.

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