YHB Investment Advisors Inc. decreased its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 20.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,291 shares of the conglomerate's stock after selling 2,894 shares during the period. YHB Investment Advisors Inc.'s holdings in Honeywell International were worth $2,550,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP increased its position in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. International Assets Investment Management LLC grew its position in Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate's stock valued at $1,961,070,000 after acquiring an additional 944,876 shares during the period. Mizuho Securities USA LLC raised its stake in Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate's stock worth $129,415,000 after acquiring an additional 575,865 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock valued at $2,959,535,000 after acquiring an additional 547,998 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Honeywell International by 146.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate's stock valued at $127,826,000 after purchasing an additional 336,296 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.
Honeywell International Stock Down 2.2 %
HON traded down $5.01 during trading on Tuesday, hitting $220.70. The company had a trading volume of 3,372,312 shares, compared to its average volume of 3,654,546. The firm's 50-day moving average price is $226.32 and its 200 day moving average price is $214.94. The company has a market capitalization of $143.51 billion, a PE ratio of 25.49, a PEG ratio of 2.56 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 one year low of $189.66 and a one year high of $242.77.
Wall Street Analyst Weigh In
Several research firms have weighed in on HON. HSBC upgraded shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Wells Fargo & Company dropped their target price on Honeywell International from $254.00 to $240.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Robert W. Baird cut Honeywell International from an "outperform" rating to a "neutral" rating and decreased their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. Bank of America upped their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, November 14th. Finally, Barclays raised their price target on Honeywell International from $255.00 to $260.00 and gave the stock an "overweight" rating in a research report on Friday, January 17th. Eleven equities research 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.com, Honeywell International has an average rating of "Hold" and an average target price of $248.29.
View Our Latest Research Report on HON
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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