Curi Capital Invests $29,000 in Honeywell International Inc. (NYSE:HON)


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Curi Capital bought a new position in shares of Honeywell International Inc. (NYSE:HON) in the fourth quarter, Holdings Channel reports. The firm bought 138 shares of the conglomerate’s stock, valued at approximately $29,000.

Several other large investors have also recently modified their holdings of HON. BlackRock Inc. grew its stake in Honeywell International by 4.8% during the fourth quarter. BlackRock Inc. now owns 42,835,736 shares of the conglomerate’s stock worth $9,111,162,000 after buying an additional 1,948,217 shares during the period. Morgan Stanley boosted its position in Honeywell International by 3.3% during the 4th quarter. Morgan Stanley now owns 11,728,323 shares of the conglomerate’s stock worth $2,494,613,000 after purchasing an additional 379,995 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Honeywell International by 4.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,204,199 shares of the conglomerate’s stock valued at $2,167,460,000 after purchasing an additional 477,569 shares in the last quarter. Wells Fargo & Company MN raised its position in Honeywell International by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 4,894,231 shares of the conglomerate’s stock valued at $1,041,003,000 after purchasing an additional 266,967 shares during the period. Finally, UBS Asset Management Americas Inc. lifted its stake in shares of Honeywell International by 5.2% during the fourth quarter. UBS Asset Management Americas Inc. now owns 2,450,864 shares of the conglomerate’s stock worth $521,299,000 after purchasing an additional 120,125 shares in the last quarter. Institutional investors and hedge funds own 75.97% of the company’s stock.

NYSE:HON opened at $218.50 on Thursday. The stock has a 50-day simple moving average of $210.69 and a 200 day simple moving average of $198.48. Honeywell International Inc. has a one year low of $117.11 and a one year high of $221.05. The company has a market capitalization of $151.97 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 3.41 and a beta of 1.13. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.37 and a current ratio of 1.64.

Honeywell International (NYSE:HON) last issued its earnings results on Thursday, January 28th. The conglomerate reported $2.07 EPS for the quarter, topping the consensus estimate of $2.00 by $0.07. The company had revenue of $8.90 billion during the quarter, compared to analyst estimates of $8.39 billion. Honeywell International had a return on equity of 27.69% and a net margin of 14.99%. The business’s revenue was down 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.06 EPS. On average, equities research analysts forecast that Honeywell International Inc. will post 7.03 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 12th. Shareholders of record on Friday, February 26th were issued a dividend of $0.93 per share. The ex-dividend date of this dividend was Thursday, February 25th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 1.70%. Honeywell International’s dividend payout ratio (DPR) is 45.59%.

Several brokerages recently commented on HON. Credit Suisse Group raised their target price on Honeywell International from $222.00 to $224.00 and gave the company an “outperform” rating in a report on Thursday, April 1st. Royal Bank of Canada lifted their price objective on shares of Honeywell International from $194.00 to $199.00 and gave the company a “sector perform” rating in a research note on Monday, February 1st. Morgan Stanley upped their target price on shares of Honeywell International from $220.00 to $230.00 and gave the company an “equal weight” rating in a research note on Monday, March 29th. Argus lifted their price target on shares of Honeywell International from $195.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, February 1st. Finally, UBS Group upped their price objective on shares of Honeywell International from $180.00 to $216.00 and gave the company a “neutral” rating in a research report on Friday, January 15th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $203.87.

Honeywell International Company Profile

Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions for homes, business and transportation.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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