Nisa Investment Advisors LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 146.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 565,876 shares of the conglomerate's stock after purchasing an additional 336,296 shares during the period. Honeywell International accounts for about 0.5% of Nisa Investment Advisors LLC's holdings, making the stock its 27th biggest position. Nisa Investment Advisors LLC owned 0.09% of Honeywell International worth $127,826,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp increased its position in shares of Honeywell International by 0.3% during the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate's stock valued at $6,413,570,000 after buying an additional 92,112 shares during the period. Wellington Management Group LLP increased its holdings in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate's stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the period. Geode Capital Management LLC lifted its stake in Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate's stock worth $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Honeywell International by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate's stock valued at $1,786,449,000 after purchasing an additional 310,807 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate's stock valued at $1,048,600,000 after purchasing an additional 42,305 shares in the last quarter. Institutional investors own 75.91% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. Barclays upped their target price on Honeywell International from $255.00 to $260.00 and gave the stock an "overweight" rating in a research note on Friday, January 17th. Bank of America lifted 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. Robert W. Baird cut shares of Honeywell International from an "outperform" rating to a "neutral" rating and lowered their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Finally, HSBC upgraded Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Eleven investment 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, Honeywell International has a consensus rating of "Hold" and a consensus target price of $248.29.
Check Out Our Latest Research Report on HON
Honeywell International Trading Down 0.9 %
Shares of NASDAQ:HON traded down $1.98 during midday trading on Wednesday, hitting $223.09. 2,920,796 shares of the stock traded hands, compared to its average volume of 3,681,984. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $145.06 billion, a PE ratio of 25.76, a P/E/G ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The business's 50 day moving average is $226.83 and its two-hundred day moving average is $214.63.
Honeywell International Company Profile
(
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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