Maia Wealth LLC Boosts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Maia Wealth LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 6.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,132 shares of the conglomerate’s stock after buying an additional 66 shares during the period. Maia Wealth LLC’s holdings in Honeywell International were worth $237,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LGT Group Foundation purchased a new position in shares of Honeywell International during the 1st quarter valued at approximately $26,000. Reston Wealth Management LLC purchased a new position in Honeywell International during the third quarter valued at $29,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International during the second quarter worth about $38,000. Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International during the 1st quarter worth about $39,000. Finally, New Covenant Trust Company N.A. purchased a new position in Honeywell International in the 1st quarter valued at about $42,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Morgan Stanley assumed coverage on shares of Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price target on the stock. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Royal Bank of Canada cut their target price on Honeywell International from $214.00 to $213.00 and set a “sector perform” rating for the company in a research note on Friday, October 25th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $223.73.

Honeywell International Trading Up 3.6 %

Shares of HON stock opened at $216.40 on Thursday. The stock has a market capitalization of $140.71 billion, a P/E ratio of 24.99, a price-to-earnings-growth ratio of 2.49 and a beta of 1.03. Honeywell International Inc. has a fifty-two week low of $183.20 and a fifty-two week high of $222.98. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company has a 50 day moving average price of $208.31 and a 200 day moving average price of $206.25.

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 dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.09%. This is a positive change from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio is currently 49.88%.

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.