Crossmark Global Holdings Inc. Sells 1,063 Shares of Honeywell International Inc. (NASDAQ:HON)

Crossmark Global Holdings Inc. reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,240 shares of the conglomerate’s stock after selling 1,063 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Honeywell International were worth $7,735,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $29,000. Hoese & Co LLP bought a new position in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp lifted its stake 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 purchasing an additional 81 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $225.07 on Wednesday. The stock has a market capitalization of $146.35 billion, a PE ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06. The business’s 50 day simple moving average is $227.00 and its 200 day simple moving average is $214.54. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HON. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Finally, Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $248.29.

About Honeywell International

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.