Shikiar Asset Management Inc. raised its position in Honeywell International Inc. (NASDAQ:HON - Free Report) by 2,562.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 39,933 shares of the conglomerate's stock after acquiring an additional 38,433 shares during the period. Honeywell International comprises 2.4% of Shikiar Asset Management Inc.'s portfolio, making the stock its 12th biggest position. Shikiar Asset Management Inc.'s holdings in Honeywell International were worth $9,020,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC bought a new position in Honeywell International in the third quarter valued at approximately $29,000. Financial Avengers Inc. increased its position in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Planning Capital Management Corp raised its stake in shares of Honeywell International by 96.4% during the 3rd 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 acquired a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 75.91% of the company's stock.
Honeywell International Price Performance
HON traded down $0.11 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. The firm has a 50-day moving average of $227.06 and a 200-day moving average of $214.45. 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 market capitalization 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 has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a "neutral" rating in a research note on Thursday, November 14th. HSBC raised Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a research report on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of Honeywell International from $254.00 to $240.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 7th. Eleven research 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 company. According to MarketBeat.com, Honeywell International has a consensus rating of "Hold" and a consensus price target of $248.29.
Check Out Our Latest Report on Honeywell International
Honeywell International Company Profile
(
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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