Flywheel Private Wealth LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,714 shares of the conglomerate's stock, valued at approximately $387,000.
Other hedge funds have also bought and sold shares of the company. Brady Family Wealth LLC increased its stake in Honeywell International by 27.0% in the fourth quarter. Brady Family Wealth LLC now owns 2,883 shares of the conglomerate's stock valued at $651,000 after purchasing an additional 613 shares in the last quarter. ERn Financial LLC increased its stake in Honeywell International by 2.4% in the fourth quarter. ERn Financial LLC now owns 5,494 shares of the conglomerate's stock valued at $1,241,000 after purchasing an additional 131 shares in the last quarter. Surience Private Wealth LLC bought a new stake in Honeywell International in the fourth quarter valued at $4,478,000. Advisors Management Group Inc. ADV increased its stake in Honeywell International by 0.7% in the fourth quarter. Advisors Management Group Inc. ADV now owns 25,493 shares of the conglomerate's stock valued at $5,759,000 after purchasing an additional 176 shares in the last quarter. Finally, ARS Wealth Advisors Group LLC increased its stake in Honeywell International by 1.0% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 78,659 shares of the conglomerate's stock valued at $17,768,000 after purchasing an additional 780 shares in the last quarter. Institutional investors own 75.91% of the company's stock.
Honeywell International Stock Performance
HON traded up $3.15 during midday trading on Thursday, reaching $222.69. The company had a trading volume of 4,611,652 shares, compared to its average volume of 3,695,215. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a market cap of $144.80 billion, a PE ratio of 25.71, a P/E/G ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The business has a 50-day moving average price of $226.89 and a two-hundred day moving average price of $214.30.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on HON shares. JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research note on Wednesday. Hsbc Global Res upgraded shares of Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Wolfe Research cut shares of Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. Jefferies Financial Group lifted their price objective 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. Finally, HSBC upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Honeywell International has an average rating of "Hold" and a consensus price target of $247.93.
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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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