Curi RMB Capital LLC Sells 1,481 Shares of Honeywell International Inc. (NASDAQ:HON)

Curi RMB Capital LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 12.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,632 shares of the conglomerate's stock after selling 1,481 shares during the quarter. Curi RMB Capital LLC's holdings in Honeywell International were worth $2,402,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HON. Valmark Advisers Inc. grew its holdings in Honeywell International by 1.0% in the 4th quarter. Valmark Advisers Inc. now owns 4,641 shares of the conglomerate's stock worth $1,048,000 after buying an additional 45 shares in the last quarter. ZWJ Investment Counsel Inc. boosted its holdings in shares of Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock valued at $327,000 after acquiring an additional 47 shares in the last quarter. Saxony Capital Management LLC lifted its position in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after purchasing an additional 47 shares during the period. Magnus Financial Group LLC raised its stake in shares of Honeywell International by 0.5% in the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock worth $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Bill Few Associates Inc. grew its stake in shares of Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after purchasing an additional 49 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Down 0.8 %

HON stock traded down $1.58 during trading hours on Friday, reaching $199.16. 3,638,739 shares of the stock were exchanged, compared to its average volume of 3,661,123. The company has a market cap of $128.11 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 2.51 and a beta of 1.01. The firm's 50-day moving average is $205.24 and its 200-day moving average is $215.80. Honeywell International Inc. has a 12 month low of $179.36 and a 12 month high of $242.77. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.01.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, equities research analysts expect that Honeywell International Inc. will post 10.34 earnings per share for the current year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a $1.13 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $4.52 dividend on an annualized basis and a dividend yield of 2.27%. Honeywell International's payout ratio is 51.89%.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares of the company's stock, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on HON. Citigroup cut their price objective on Honeywell International from $253.00 to $229.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Royal Bank of Canada cut their target price on shares of Honeywell International from $253.00 to $236.00 and set a "sector perform" rating on the stock in a research note on Friday, February 7th. Barclays reduced their price objective on Honeywell International from $251.00 to $247.00 and set an "overweight" rating for the company in a research note on Wednesday, March 26th. Morgan Stanley upped their target price on Honeywell International from $210.00 to $217.00 and gave the company an "equal weight" rating in a report on Tuesday, February 11th. Finally, Wells Fargo & Company decreased their price target on shares of Honeywell International from $240.00 to $220.00 and set an "equal weight" rating for the company in a report on Friday, February 7th. Ten equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $242.15.

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.