Park Avenue Securities LLC grew its stake in Honeywell International Inc. (NASDAQ:HON - Free Report) by 107.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,961 shares of the conglomerate's stock after purchasing an additional 10,347 shares during the period. Park Avenue Securities LLC's holdings in Honeywell International were worth $4,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in HON. Absher Wealth Management LLC increased its position in Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate's stock worth $413,000 after purchasing an additional 49 shares during the period. ZRC Wealth Management LLC boosted its stake in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock valued at $99,000 after buying an additional 50 shares in the last quarter. CFM Wealth Partners LLC grew its holdings in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock worth $264,000 after acquiring an additional 50 shares during the period. Jacobsen Capital Management raised its position in Honeywell International by 5.2% in the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate's stock worth $209,000 after acquiring an additional 50 shares in the last quarter. Finally, Mengis Capital Management Inc. lifted its holdings in Honeywell International by 0.4% in the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate's stock valued at $2,517,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 75.91% of the company's stock.
Honeywell International Trading Down 0.0 %
Shares of NASDAQ HON traded down $0.11 on Friday, reaching $222.58. 3,349,057 shares of the company traded hands, compared to its average volume of 3,663,742. The stock has a market capitalization of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week 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 50 day moving average of $227.00 and a 200 day moving average of $214.36.
Wall Street Analysts Forecast Growth
HON has been the topic of a number of recent analyst reports. Baird R W cut shares of Honeywell International from a "strong-buy" rating to a "hold" rating in a research note on Friday, October 25th. Wells Fargo & Company decreased their target price on Honeywell International from $254.00 to $240.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 7th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. UBS Group restated a "buy" rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Robert W. Baird cut Honeywell International from an "outperform" rating to a "neutral" rating and lowered their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $248.29.
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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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