New England Research & Management Inc. cut its stake in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 65.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,457 shares of the conglomerate's stock after selling 6,415 shares during the period. New England Research & Management Inc.'s holdings in Honeywell International were worth $781,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HON. ZWJ Investment Counsel Inc. increased its holdings in shares of Honeywell International by 3.4% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate's stock valued at $327,000 after acquiring an additional 47 shares during the last quarter. Magnus Financial Group LLC grew its holdings in Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate's stock valued at $2,019,000 after purchasing an additional 48 shares during the last quarter. Absher Wealth Management LLC lifted its stake in shares of Honeywell International by 2.5% in the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock worth $413,000 after buying an additional 49 shares during the last quarter. Bill Few Associates Inc. boosted its holdings in shares of Honeywell International by 0.3% during the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate's stock worth $3,524,000 after buying an additional 49 shares during the period. Finally, ZRC Wealth Management LLC grew its stake in Honeywell International by 11.6% in the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock valued at $99,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Royal Bank of Canada restated a "sector perform" rating and set a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a report on Wednesday, January 15th. Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company dropped their price objective on shares of Honeywell International from $254.00 to $240.00 and set an "equal weight" rating for the company in a report on Tuesday, January 7th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $248.29.
Check Out Our Latest Report on HON
Honeywell International Trading Up 1.5 %
Shares of HON stock traded up $3.33 on Thursday, hitting $224.38. The stock had a trading volume of 1,037,575 shares, compared to its average volume of 3,512,403. The firm has a market cap of $145.91 billion, a P/E ratio of 25.91, a PEG ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month 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 company has a fifty day moving average price of $226.05 and a two-hundred day moving average price of $215.02.
Honeywell International Profile
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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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