Honeywell International Inc. (NASDAQ:HON) Shares Sold by Cohen Klingenstein LLC

Cohen Klingenstein LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 41.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 40,631 shares of the conglomerate’s stock after selling 29,000 shares during the quarter. Cohen Klingenstein LLC’s holdings in Honeywell International were worth $9,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth about $29,000. Financial Avengers Inc. raised its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Planning Capital Management Corp boosted its position in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Honeywell International in the 3rd quarter worth $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday. HSBC raised 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. Jefferies Financial Group raised their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Down 0.0 %

HON stock opened at $222.58 on Friday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. 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 company has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The company has a 50 day moving average of $227.00 and a two-hundred day moving average of $214.36.

Honeywell International Company Profile

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.