CFS Investment Advisory Services LLC Buys New Shares in Honeywell International Inc. (NASDAQ:HON)

CFS Investment Advisory Services LLC purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,075 shares of the conglomerate’s stock, valued at approximately $243,000.

A number of other hedge funds also recently bought and sold shares of the stock. RIA Advisory Group LLC purchased a new position in Honeywell International in the third quarter worth approximately $6,124,000. Copley Financial Group Inc. purchased a new stake in shares of Honeywell International during the 3rd quarter worth $454,000. EP Wealth Advisors LLC grew its stake 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 worth $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in Honeywell International by 2.0% in 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 lifted its holdings in Honeywell International by 255.2% during 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 during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $221.51 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm has a market cap of $144.04 billion, a price-to-earnings ratio of 25.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The firm’s fifty day moving average price is $226.38 and its 200 day moving average price is $214.83. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

Analyst Ratings Changes

HON has been the topic of a number of recent analyst reports. Wells Fargo & Company dropped their price objective 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. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Barclays increased their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Bank of America upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Finally, Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Eleven 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.