Liberty One Investment Management LLC grew its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,266 shares of the conglomerate's stock after purchasing an additional 1,331 shares during the period. Liberty One Investment Management LLC's holdings in Honeywell International were worth $4,578,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. State Street Corp grew its position in Honeywell International by 0.3% during the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock worth $6,413,570,000 after acquiring an additional 92,112 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock valued at $2,959,535,000 after buying an additional 547,998 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate's stock valued at $1,786,449,000 after buying an additional 310,807 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate's stock worth $1,048,600,000 after buying an additional 42,305 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Wolfe Research lowered Honeywell International from an "outperform" rating to a "peer perform" rating in a research report on Monday, October 28th. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a research report on Wednesday, December 11th. Baird R W cut Honeywell International from a "strong-buy" rating to a "hold" rating in a report on Friday, October 25th. Finally, Bank of America boosted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a report on Thursday, November 14th. Eleven equities 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 company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $248.29.
Get Our Latest Stock Report on HON
Honeywell International Stock Down 0.0 %
Shares of NASDAQ:HON traded down $0.11 during trading on Friday, hitting $222.58. 3,349,057 shares of the company were exchanged, compared to its average volume of 3,230,753. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a fifty day moving average price of $227.06 and a two-hundred day moving average price of $214.45. The stock has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06.
About Honeywell International
(
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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