Aspiriant LLC Has $438,000 Position in Honeywell International Inc. (NASDAQ:HON)

Aspiriant LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 48.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,118 shares of the conglomerate’s stock after buying an additional 695 shares during the quarter. Aspiriant LLC’s holdings in Honeywell International were worth $438,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. LGT Group Foundation acquired a new position in shares of Honeywell International during the first quarter valued at $26,000. Richardson Capital Management LLC acquired a new position in Honeywell International during the 1st quarter valued at about $35,000. Financial Connections Group Inc. bought a new position in shares of Honeywell International in the 2nd quarter valued at about $38,000. Pathway Financial Advisers LLC acquired a new stake in Honeywell International during the 1st quarter worth $39,000. Finally, New Covenant Trust Company N.A. acquired a new stake in shares of Honeywell International during the first quarter worth $42,000. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on HON shares. Morgan Stanley assumed coverage on shares of Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 price objective for the company. JPMorgan Chase & Co. cut shares of Honeywell International from an “overweight” rating to a “neutral” rating and upped their price target for the company from $225.00 to $235.00 in a report on Thursday, October 10th. Royal Bank of Canada restated a “sector perform” rating and set a $214.00 price objective on shares of Honeywell International in a report on Thursday, September 26th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. Finally, Wells Fargo & Company dropped their price target on Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a research note on Monday, October 7th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $223.56.

Honeywell International Trading Up 1.1 %

Honeywell International stock opened at $222.02 on Friday. The company has a market cap of $144.58 billion, a price-to-earnings ratio of 25.73, a P/E/G ratio of 2.45 and a beta of 1.03. The firm has a 50-day moving average of $205.53 and a 200-day moving average of $204.75. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.21 and a quick ratio of 0.91. Honeywell International Inc. has a one year low of $174.88 and a one year high of $222.07.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 EPS for the quarter, beating the consensus estimate of $2.42 by $0.07. The firm had revenue of $9.58 billion during the quarter, compared to analysts’ expectations of $9.41 billion. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.23 earnings per share. On average, equities analysts expect that Honeywell International Inc. will post 10.1 earnings per share for the current fiscal year.

Honeywell International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is 52.38%.

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.