Qsemble Capital Management LP Has $2.37 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Qsemble Capital Management LP boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 86.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 11,479 shares of the conglomerate’s stock after buying an additional 5,337 shares during the quarter. Qsemble Capital Management LP’s holdings in Honeywell International were worth $2,373,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in HON. Quent Capital LLC raised its holdings in Honeywell International by 4.7% during the 1st quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock worth $353,000 after purchasing an additional 77 shares during the last quarter. Mount Yale Investment Advisors LLC acquired a new position in shares of Honeywell International in the 1st quarter valued at about $263,000. Meiji Yasuda Life Insurance Co bought a new stake in shares of Honeywell International during the 1st quarter valued at about $1,037,000. Tidal Investments LLC grew its stake in Honeywell International by 75.7% during the first quarter. Tidal Investments LLC now owns 25,977 shares of the conglomerate’s stock worth $5,332,000 after purchasing an additional 11,195 shares during the period. Finally, Coppell Advisory Solutions Corp. bought a new stake in Honeywell International in the first quarter worth approximately $2,417,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.7 %

NASDAQ HON opened at $230.60 on Tuesday. The business’s fifty day moving average is $214.38 and its 200-day moving average is $209.27. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market capitalization of $149.95 billion, a price-to-earnings ratio of 26.63, a PEG ratio of 2.72 and a beta of 1.03. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Honeywell International Increases Dividend

The business also recently announced 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. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend is Friday, November 15th. Honeywell International’s dividend payout ratio is currently 52.19%.

Analyst Upgrades and Downgrades

HON has been the topic of several research reports. Wells Fargo & Company upped their price objective on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Morgan Stanley began coverage on Honeywell International in a research report on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price on the stock. Finally, Citigroup cut their target price on Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average 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.