Mountain Pacific Investment Advisers LLC Sells 155 Shares of Honeywell International Inc. (NASDAQ:HON)

Mountain Pacific Investment Advisers LLC reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,626 shares of the conglomerate’s stock after selling 155 shares during the quarter. Mountain Pacific Investment Advisers LLC’s holdings in Honeywell International were worth $593,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $29,000. Financial Avengers Inc. boosted its stake in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during the period. Planning Capital Management Corp increased its holdings in shares of Honeywell International by 96.4% during the 3rd 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 bought a new stake in Honeywell International in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON opened at $222.58 on Tuesday. The firm’s 50 day simple moving average is $227.06 and its 200 day simple moving average is $214.47. The firm has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

Analyst Upgrades and Downgrades

HON has been the subject of a number of research analyst reports. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Barclays increased their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, Wells Fargo & Company lowered their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Eleven 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. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International 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.