BigSur Wealth Management LLC lifted its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 68.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,298 shares of the conglomerate's stock after purchasing an additional 10,725 shares during the quarter. Honeywell International comprises about 1.7% of BigSur Wealth Management LLC's holdings, making the stock its 13th biggest holding. BigSur Wealth Management LLC's holdings in Honeywell International were worth $5,940,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of HON. RIA Advisory Group LLC acquired a new stake in shares of Honeywell International during the third quarter valued at about $6,124,000. Copley Financial Group Inc. acquired a new stake in Honeywell International in the 3rd quarter valued at approximately $454,000. EP Wealth Advisors LLC raised its position in Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate's stock valued at $72,044,000 after purchasing an additional 14,271 shares during the period. Rockefeller Capital Management L.P. lifted its stake in Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate's stock worth $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC boosted its position in shares of Honeywell International by 255.2% during the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate's stock worth $15,199,000 after buying an additional 52,830 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Robert W. Baird lowered 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. Citigroup decreased their price objective on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Finally, Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research note on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $248.29.
Check Out Our Latest Stock Analysis on Honeywell International
Honeywell International Price Performance
Honeywell International stock traded down $0.11 during mid-day trading on Monday, hitting $222.58. 3,349,057 shares of the company were exchanged, compared to its average volume of 3,230,753. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The business's 50 day simple moving average is $227.06 and its two-hundred day simple moving average is $214.47. The company has a market capitalization of $144.73 billion, a P/E ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06.
Honeywell International Company Profile
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Free Report)
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.
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