Janney Capital Management LLC Sells 2,843 Shares of Honeywell International Inc. (NASDAQ:HON)

Janney Capital Management LLC cut its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,348 shares of the conglomerate's stock after selling 2,843 shares during the quarter. Janney Capital Management LLC's holdings in Honeywell International were worth $12,503,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of HON. EverSource Wealth Advisors LLC grew its holdings in shares of Honeywell International by 30.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,190 shares of the conglomerate's stock valued at $653,000 after acquiring an additional 742 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in Honeywell International by 70.0% during the second quarter. Public Sector Pension Investment Board now owns 24,908 shares of the conglomerate's stock valued at $5,319,000 after purchasing an additional 10,252 shares during the period. Evergreen Capital Management LLC grew its holdings in Honeywell International by 0.8% during the second quarter. Evergreen Capital Management LLC now owns 11,726 shares of the conglomerate's stock valued at $2,504,000 after purchasing an additional 97 shares during the period. Marshall Wace LLP grew its holdings in Honeywell International by 1.2% during the second quarter. Marshall Wace LLP now owns 181,340 shares of the conglomerate's stock valued at $38,723,000 after purchasing an additional 2,101 shares during the period. Finally, Distillate Capital Partners LLC bought a new position in Honeywell International during the second quarter valued at $23,348,000. 75.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on HON. Hsbc Global Res raised Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. Robert W. Baird lowered Honeywell International from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the company a "hold" rating in a report on Tuesday, December 17th. StockNews.com lowered Honeywell International from a "buy" rating to a "hold" rating in a report on Monday, December 23rd. 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 report on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Honeywell International has a consensus rating of "Hold" and an average target price of $248.29.

Honeywell International Price Performance

NASDAQ HON traded up $2.57 during trading hours on Thursday, reaching $225.66. 3,036,528 shares of the stock traded hands, compared to its average volume of 3,640,500. The stock has a 50 day simple moving average of $226.63 and a two-hundred day simple moving average of $214.69. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company has a market cap of $146.74 billion, a price-to-earnings ratio of 26.06, a price-to-earnings-growth ratio of 2.58 and a beta of 1.06.

Honeywell International 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.