Empirical Asset Management LLC Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Empirical Asset Management LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 925.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,195 shares of the conglomerate's stock after purchasing an additional 43,496 shares during the quarter. Empirical Asset Management LLC's holdings in Honeywell International were worth $10,887,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of HON. Cvfg LLC acquired a new stake in shares of Honeywell International in the 4th quarter valued at $256,000. Bouvel Investment Partners LLC raised its stake in Honeywell International by 1.4% in the fourth quarter. Bouvel Investment Partners LLC now owns 18,467 shares of the conglomerate's stock valued at $4,171,000 after buying an additional 250 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in Honeywell International by 1.4% during the 4th quarter. Ritholtz Wealth Management now owns 25,892 shares of the conglomerate's stock worth $5,849,000 after buying an additional 364 shares during the last quarter. Carnegie Investment Counsel boosted its position in shares of Honeywell International by 8.7% during the 4th quarter. Carnegie Investment Counsel now owns 42,656 shares of the conglomerate's stock worth $9,636,000 after acquiring an additional 3,428 shares in the last quarter. Finally, SignalPoint Asset Management LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at about $210,000. Institutional investors and hedge funds own 75.91% of the company's stock.

Honeywell International Stock Performance

NASDAQ:HON 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 3,663,742. 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 stock has a market cap of $144.73 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The firm has a fifty day simple moving average of $227.00 and a two-hundred day simple moving average of $214.36. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. StockNews.com downgraded Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. Wolfe Research cut shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a research note on Thursday, November 14th. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Finally, The Goldman Sachs Group upped their target price on Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Eleven 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 stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price 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.