GSA Capital Partners LLP Makes New $414,000 Investment in Honeywell International Inc. (NASDAQ:HON)

GSA Capital Partners LLP acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,003 shares of the conglomerate’s stock, valued at approximately $414,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth approximately $29,000. Financial Connections Group Inc. acquired a new stake in Honeywell International during the 2nd quarter valued at $38,000. Pathway Financial Advisers LLC acquired a new stake in Honeywell International during the 1st quarter valued at $39,000. Western Pacific Wealth Management LP acquired a new stake in Honeywell International during the 3rd quarter valued at $41,000. Finally, New Covenant Trust Company N.A. acquired a new stake in Honeywell International during the 1st quarter valued at $42,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $225.79 on Friday. The firm has a 50 day simple moving average of $213.36 and a 200 day simple moving average of $208.66. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The firm has a market cap of $146.82 billion, a P/E ratio of 26.07, a P/E/G ratio of 2.71 and a beta of 1.03.

Honeywell International Increases Dividend

The firm 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 $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is 52.19%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HON. UBS Group restated a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Barclays lifted their target price on Honeywell International from $229.00 to $252.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Citigroup cut their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Royal Bank of Canada upped their price objective on Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 13th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price 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.