Curi RMB Capital LLC Purchases 1,777 Shares of Honeywell International Inc. (NASDAQ:HON)

Curi RMB Capital LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 17.2% in the 3rd quarter, Holdings Channel reports. The firm owned 12,113 shares of the conglomerate’s stock after purchasing an additional 1,777 shares during the quarter. Curi RMB Capital LLC’s holdings in Honeywell International were worth $2,504,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quent Capital LLC raised its position in Honeywell International by 4.7% during the 1st quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after purchasing an additional 77 shares in the last quarter. Banco Santander S.A. lifted its stake in Honeywell International by 1.9% in the first quarter. Banco Santander S.A. now owns 7,002 shares of the conglomerate’s stock worth $1,437,000 after acquiring an additional 131 shares during the period. M&G Plc bought a new position in Honeywell International during the 1st quarter worth about $1,993,000. Jupiter Asset Management Ltd. purchased a new position in Honeywell International during the 1st quarter valued at about $1,398,000. Finally, TIAA Trust National Association lifted its position in shares of Honeywell International by 10.4% in the 1st quarter. TIAA Trust National Association now owns 60,240 shares of the conglomerate’s stock worth $12,364,000 after purchasing an additional 5,653 shares during the period. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HON. Morgan Stanley started coverage on shares of Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective on the stock. Citigroup decreased their price objective on Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research note on Friday, October 25th. UBS Group reiterated a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday. Wells Fargo & Company increased their price target on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Nine equities 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 a consensus rating of “Hold” and a consensus price target of $241.45.

Honeywell International Stock Down 0.2 %

Honeywell International stock opened at $228.99 on Friday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company has a market cap of $148.90 billion, a PE ratio of 26.44, a PEG ratio of 2.77 and a beta of 1.03. 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 business’s 50-day simple moving average is $210.77 and its two-hundred day simple moving average is $207.50.

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 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 1.97%. Honeywell International’s dividend payout ratio (DPR) 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.