Surience Private Wealth LLC bought a new stake in Honeywell International Inc. (NASDAQ:HON - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,824 shares of the conglomerate's stock, valued at approximately $4,478,000. Honeywell International makes up approximately 5.8% of Surience Private Wealth LLC's portfolio, making the stock its 5th largest position.
Several other hedge funds have also added to or reduced their stakes in HON. Absher Wealth Management LLC grew its position in shares of 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 buying an additional 49 shares in the last quarter. ZRC Wealth Management LLC boosted its position in Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate's stock valued at $99,000 after acquiring an additional 50 shares in the last quarter. CFM Wealth Partners LLC increased its holdings in shares of Honeywell International by 4.0% in the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate's stock valued at $264,000 after acquiring an additional 50 shares during the period. Jacobsen Capital Management raised its holdings 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 purchasing an additional 50 shares in the last quarter. Finally, Mengis Capital Management Inc. grew its stake in Honeywell International by 0.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate's stock worth $2,517,000 after buying an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company's stock.
Honeywell International Trading Up 1.8 %
NASDAQ HON traded up $3.94 during trading hours on Thursday, hitting $223.48. 2,423,235 shares of the company's stock were exchanged, compared to its average volume of 3,467,632. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The business's 50 day moving average is $226.83 and its 200-day moving average is $214.27. The firm has a market capitalization of $145.32 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.
Wall Street Analyst Weigh In
HON has been the subject of a number of recent research reports. HSBC upgraded 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. Royal Bank of Canada restated a "sector perform" rating and issued a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. Bank of America raised their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research note on Thursday, November 14th. The Goldman Sachs Group boosted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Finally, UBS Group reiterated a "buy" rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Honeywell International currently has a consensus rating of "Hold" and an average price target of $247.93.
Check Out Our Latest Analysis on Honeywell International
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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