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

Curi RMB Capital LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 17.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,113 shares of the conglomerate’s stock after purchasing an additional 1,777 shares during the period. Curi RMB Capital LLC’s holdings in Honeywell International were worth $2,504,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. Quent Capital LLC lifted its holdings in shares of 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 buying an additional 77 shares during the period. Banco Santander S.A. boosted its position 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 purchasing an additional 131 shares during the last quarter. M&G Plc bought a new stake in shares of Honeywell International during the 1st quarter valued at about $1,993,000. Jupiter Asset Management Ltd. bought a new position in shares of Honeywell International in the 1st quarter worth approximately $1,398,000. Finally, TIAA Trust National Association grew its position in Honeywell International by 10.4% during the first quarter. TIAA Trust National Association now owns 60,240 shares of the conglomerate’s stock valued at $12,364,000 after buying an additional 5,653 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HON. Citigroup cut their price objective on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating for the company in a research report on Friday, October 25th. Barclays upped their price target on Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley assumed coverage on Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective for the company. Wells Fargo & Company lifted their price target on shares of Honeywell International from $215.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $241.45.

Honeywell International Stock Down 0.2 %

NASDAQ HON opened at $228.99 on Friday. The stock has a 50 day moving average price of $210.77 and a 200-day moving average price of $207.50. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. 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 market capitalization of $148.90 billion, a P/E ratio of 26.44, a P/E/G ratio of 2.77 and a beta of 1.03.

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 issued a $1.13 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.97%. Honeywell International’s payout ratio is 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.