S.E.E.D. Planning Group LLC cut its stake in shares of 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 and Exchange Commission (SEC). The fund owned 44,354 shares of the conglomerate's stock after selling 2,268 shares during the quarter. Honeywell International accounts for about 3.3% of S.E.E.D. Planning Group LLC's holdings, making the stock its 11th biggest holding. S.E.E.D. Planning Group LLC's holdings in Honeywell International were worth $10,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. RIA Advisory Group LLC purchased a new position in shares of Honeywell International during the third quarter worth approximately $6,124,000. Copley Financial Group Inc. purchased a new position in Honeywell International in the 3rd quarter worth $454,000. EP Wealth Advisors LLC lifted its stake in Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate's stock worth $72,044,000 after purchasing an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate's stock valued at $132,155,000 after buying an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC boosted its position in Honeywell International by 255.2% during the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate's stock valued at $15,199,000 after buying an additional 52,830 shares during the period. Hedge funds and other institutional investors own 75.91% of the company's stock.
Honeywell International Stock Up 0.5 %
Shares of HON stock traded up $1.04 during mid-day trading on Wednesday, reaching $219.54. 4,646,323 shares of the company's stock traded hands, compared to its average volume of 3,593,125. The company's 50-day moving average price is $226.83 and its 200-day moving average price is $214.27. The company has a market cap of $142.76 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.
Analysts Set New Price Targets
HON has been the subject of several analyst reports. Hsbc Global Res upgraded Honeywell International to a "strong-buy" rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. The Goldman Sachs Group lifted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. JPMorgan Chase & Co. dropped their price target on shares of Honeywell International from $233.00 to $231.00 and set a "neutral" rating for the company in a research report on Wednesday. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. Eleven equities 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's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $247.93.
Check Out Our Latest Report on Honeywell International
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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