Board of the Pension Protection Fund Invests $632,000 in Honeywell International Inc. (NASDAQ:HON)

Board of the Pension Protection Fund purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,800 shares of the conglomerate's stock, valued at approximately $632,000.

A number of other institutional investors have also added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International during the 3rd quarter valued at approximately $29,000. Financial Avengers Inc. increased its stake in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Planning Capital Management Corp raised its holdings in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the third quarter valued at approximately $41,000. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Hsbc Global Res raised Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. UBS Group reissued a "buy" rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Baird R W downgraded shares of Honeywell International from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. Jefferies Financial Group increased their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group boosted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of "Hold" and a consensus price target of $247.93.

Honeywell International Price Performance

Shares of HON stock traded up $1.04 on Wednesday, reaching $219.54. The company's stock had a trading volume of 4,646,323 shares, compared to its average volume of 3,593,125. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock's 50 day simple moving average is $226.83 and its 200-day simple moving average is $214.27. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $142.76 billion, a P/E ratio of 25.35, a PEG ratio of 2.85 and a beta of 1.06.

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.