Fullcircle Wealth LLC Has $860,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Fullcircle Wealth LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% during the third quarter, HoldingsChannel reports. 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.

Other large investors have also recently bought and sold shares of the company. LGT Group Foundation bought a new position in Honeywell International in the 1st quarter valued at approximately $26,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Financial Connections Group Inc. bought a new position in Honeywell International during the 2nd quarter worth approximately $38,000. Pathway Financial Advisers LLC bought a new position in Honeywell International during the 1st quarter worth approximately $39,000. Finally, TruNorth Capital Management LLC bought a new position in Honeywell International during the 2nd quarter worth approximately $43,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on HON shares. Wells Fargo & Company raised their price target on shares of Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Citigroup lowered their price target on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a report on Friday, October 25th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $223.73.

Honeywell International Stock Up 1.7 %

Shares of NASDAQ:HON traded up $3.51 during mid-day trading on Friday, hitting $209.19. 4,484,366 shares of the company traded hands, compared to its average volume of 2,965,961. The stock has a market cap of $136.03 billion, a P/E ratio of 24.16, a P/E/G ratio of 2.43 and a beta of 1.03. The stock has a 50-day moving average price of $207.95 and a two-hundred day moving average price of $205.74. Honeywell International Inc. has a 12-month low of $183.20 and a 12-month high of $222.98. 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders 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 dividend yield of 2.16%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is currently 49.88%.

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.