Cerity Partners LLC Raises Position in Honeywell International Inc. (NASDAQ:HON)

Cerity Partners LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 20.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 473,340 shares of the conglomerate’s stock after purchasing an additional 80,039 shares during the period. Cerity Partners LLC’s holdings in Honeywell International were worth $97,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter worth about $29,000. Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares in the last quarter. Financial Connections Group Inc. bought a new stake in shares of Honeywell International in the second quarter valued at approximately $38,000. Pathway Financial Advisers LLC purchased a new stake in shares of Honeywell International during the 1st quarter valued at approximately $39,000. Finally, Western Pacific Wealth Management LP bought a new position in Honeywell International in the 3rd quarter worth approximately $41,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Up 1.3 %

Shares of Honeywell International stock opened at $229.11 on Friday. 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 Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company’s 50 day moving average price is $213.86 and its 200-day moving average price is $208.90. The stock has a market capitalization of $148.98 billion, a price-to-earnings ratio of 26.46, a P/E/G ratio of 2.69 and a beta of 1.03.

Honeywell International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.97%. Honeywell International’s payout ratio is presently 52.19%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on HON shares. Royal Bank of Canada boosted their target price on shares of Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a report on Wednesday, November 13th. Citigroup dropped their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. JPMorgan Chase & Co. lowered their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $241.45.

Honeywell International Company 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.