Bouvel Investment Partners LLC Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

Bouvel Investment Partners LLC increased its position in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,217 shares of the conglomerate’s stock after acquiring an additional 84 shares during the quarter. Honeywell International comprises approximately 1.4% of Bouvel Investment Partners LLC’s holdings, making the stock its 26th biggest position. Bouvel Investment Partners LLC’s holdings in Honeywell International were worth $3,766,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HON. Plato Investment Management Ltd raised its holdings in Honeywell International by 346.3% during the third quarter. Plato Investment Management Ltd now owns 9,975 shares of the conglomerate’s stock valued at $2,060,000 after acquiring an additional 7,740 shares during the period. Main Street Financial Solutions LLC grew its position in shares of Honeywell International by 35.5% during the third quarter. Main Street Financial Solutions LLC now owns 6,581 shares of the conglomerate’s stock worth $1,360,000 after purchasing an additional 1,723 shares in the last quarter. D Orazio & Associates Inc. grew its position in shares of Honeywell International by 2.4% during the third quarter. D Orazio & Associates Inc. now owns 4,620 shares of the conglomerate’s stock worth $955,000 after purchasing an additional 107 shares in the last quarter. Schrum Private Wealth Management LLC raised its stake in Honeywell International by 28.0% during the 3rd quarter. Schrum Private Wealth Management LLC now owns 1,740 shares of the conglomerate’s stock valued at $360,000 after purchasing an additional 381 shares during the period. Finally, ICICI Prudential Asset Management Co Ltd lifted its holdings in Honeywell International by 15.2% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 31,056 shares of the conglomerate’s stock worth $6,420,000 after purchasing an additional 4,103 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.4 %

NASDAQ HON opened at $233.07 on Thursday. Honeywell International Inc. has a 12 month low of $188.65 and a 12 month high of $242.77. The company’s 50-day moving average price is $209.67 and its 200-day moving average price is $207.16. The stock has a market cap of $151.55 billion, a PE ratio of 26.91, a PEG ratio of 2.78 and a beta of 1.03. 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. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a yield of 1.94%. Honeywell International’s payout ratio is 49.88%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Barclays boosted their price target on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research note on Wednesday. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research report on Sunday, November 3rd. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Citigroup reduced their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Bank of America reiterated a “neutral” rating and set a $230.00 target price (down from $250.00) on shares of Honeywell International in a research report on Thursday, October 24th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $240.55.

Honeywell International 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.