Mesirow Financial Investment Management Inc. Has $9.21 Million Position in Honeywell International Inc. (NASDAQ:HON)

Mesirow Financial Investment Management Inc. boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 109.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,540 shares of the conglomerate’s stock after purchasing an additional 23,258 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Honeywell International were worth $9,207,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Cypress Wealth Services LLC grew its stake in Honeywell International by 2.5% in the second quarter. Cypress Wealth Services LLC now owns 1,952 shares of the conglomerate’s stock worth $417,000 after purchasing an additional 47 shares in the last quarter. Absher Wealth Management LLC boosted its position in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after purchasing an additional 49 shares in the last quarter. Bard Financial Services Inc. increased its stake in shares of Honeywell International by 0.3% in the 2nd quarter. Bard Financial Services Inc. now owns 17,594 shares of the conglomerate’s stock valued at $3,757,000 after purchasing an additional 50 shares in the last quarter. ZRC Wealth Management LLC lifted its holdings in Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 50 shares in the last quarter. Finally, CFM Wealth Partners LLC boosted its stake in Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.9 %

HON stock opened at $219.49 on Friday. The company has a 50 day moving average price of $208.74 and a two-hundred day moving average price of $206.49. Honeywell International Inc. has a one year low of $183.20 and a one year high of $222.98. The stock has a market capitalization of $142.72 billion, a P/E ratio of 25.35, a PEG ratio of 2.57 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.

Honeywell International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be given a $1.13 dividend. The ex-dividend date is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 annualized dividend and a dividend yield of 2.06%. Honeywell International’s dividend payout ratio (DPR) is currently 49.88%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on HON shares. StockNews.com upgraded shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, November 3rd. Wells Fargo & Company upped their price target on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. JPMorgan Chase & Co. cut their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $223.73.

About Honeywell International

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.