Golden State Equity Partners Increases Stake in Honeywell International Inc. (NASDAQ:HON)

Golden State Equity Partners increased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 1,230.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,761 shares of the conglomerate's stock after acquiring an additional 6,253 shares during the quarter. Golden State Equity Partners' holdings in Honeywell International were worth $1,527,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. ZWJ Investment Counsel Inc. lifted its holdings in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock worth $327,000 after purchasing an additional 47 shares in the last quarter. Saxony Capital Management LLC lifted its holdings in shares of Honeywell International by 4.0% in the 4th quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate's stock worth $277,000 after purchasing an additional 47 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in shares of Honeywell International by 0.5% in the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock worth $2,019,000 after purchasing an additional 48 shares in the last quarter. Absher Wealth Management LLC lifted its holdings in shares of Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock worth $413,000 after purchasing an additional 49 shares in the last quarter. Finally, Bill Few Associates Inc. lifted its holdings in shares of Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Honeywell International Stock Performance

HON traded up $0.16 during trading hours on Wednesday, hitting $223.71. The stock had a trading volume of 2,520,407 shares, compared to its average volume of 3,445,223. The company's fifty day simple moving average is $225.61 and its 200 day simple moving average is $215.18. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market cap of $145.47 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Wall Street Analyst Weigh In

HON has been the topic of a number of recent research reports. Wells Fargo & Company cut their target price on Honeywell International from $254.00 to $240.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Barclays increased their price target on Honeywell International from $255.00 to $260.00 and gave the company an "overweight" rating in a research report on Friday, January 17th. JPMorgan Chase & Co. lowered their price target on Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. Jefferies Financial Group increased their price target on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a research report on Tuesday, December 17th. Finally, HSBC raised Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $248.29.

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.