Annex Advisory Services LLC Purchases 3,286 Shares of Honeywell International Inc. (NASDAQ:HON)

Annex Advisory Services LLC raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 7.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 48,952 shares of the conglomerate’s stock after purchasing an additional 3,286 shares during the quarter. Annex Advisory Services LLC’s holdings in Honeywell International were worth $11,058,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HON. RIA Advisory Group LLC purchased a new position in Honeywell International in the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. purchased a new position in shares of Honeywell International in the third quarter worth $454,000. EP Wealth Advisors LLC lifted its holdings in shares of Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after buying an additional 12,755 shares during the last quarter. Finally, SteelPeak Wealth LLC increased its holdings in Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after buying an additional 52,830 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

NASDAQ:HON opened at $222.58 on Monday. The stock has a market cap of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 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. The business’s 50-day simple moving average is $227.06 and its two-hundred day simple moving average is $214.45. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Jefferies Financial Group lifted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Wells Fargo & Company lowered their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $248.29.

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.