Proquility Private Wealth Partners LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,621 shares of the conglomerate’s stock after buying an additional 213 shares during the period. Proquility Private Wealth Partners LLC’s holdings in Honeywell International were worth $3,303,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the third quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in Honeywell International during the fourth quarter worth $30,000. Financial Avengers Inc. boosted its holdings in shares of Honeywell International by 48.1% in the 3rd 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 increased its stake in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently weighed in on HON. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Barclays upped their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. UBS Group restated a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Eleven 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 company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $248.29.
Honeywell International Stock Up 1.1 %
Honeywell International stock opened at $225.07 on Wednesday. The firm has a 50 day moving average price of $227.00 and a two-hundred day moving average price of $214.54. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The firm has a market cap of $146.35 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06.
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.
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