Honeywell International Inc. (NASDAQ:HON) Shares Sold by Cohen Klingenstein LLC

Cohen Klingenstein LLC reduced its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 41.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,631 shares of the conglomerate's stock after selling 29,000 shares during the quarter. Cohen Klingenstein LLC's holdings in Honeywell International were worth $9,178,000 as of its most recent SEC filing.

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

Honeywell International Price Performance

HON stock traded down $0.11 during midday trading on Friday, reaching $222.58. The stock had a trading volume of 3,349,057 shares, compared to its average volume of 3,230,753. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company's fifty day simple moving average is $227.06 and its 200 day simple moving average is $214.45. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on HON shares. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Citigroup decreased their target price on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Jefferies Financial Group lifted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a "hold" rating in a report on Tuesday, December 17th. Royal Bank of Canada reiterated a "sector perform" rating and set a $253.00 price objective on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a research report on Monday, December 23rd. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $248.29.

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.