Highland Capital Management LLC Has $2.14 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Highland Capital Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 555.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,478 shares of the conglomerate's stock after purchasing an additional 8,031 shares during the quarter. Highland Capital Management LLC's holdings in Honeywell International were worth $2,141,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the 3rd quarter valued at approximately $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the 3rd quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in Honeywell International during the 4th quarter valued at approximately $30,000. Financial Avengers Inc. boosted its stake in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its holdings in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. Institutional investors own 75.91% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a "buy" rating for the company in a report on Monday, January 13th. Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. Wolfe Research cut Honeywell International from an "outperform" rating to a "peer perform" rating in a report on Monday, October 28th. Finally, UBS Group reissued a "buy" rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $248.29.

Honeywell International Trading Up 0.6 %

HON traded up $1.42 during mid-day trading on Friday, reaching $225.48. The stock had a trading volume of 238,480 shares, compared to its average volume of 3,395,951. The stock has a market capitalization of $146.62 billion, a P/E ratio of 26.03, a P/E/G ratio of 2.54 and a beta of 1.06. 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 firm's fifty day simple moving average is $226.02 and its two-hundred day simple moving average is $215.09. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

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.