Bleakley Financial Group LLC Sells 652 Shares of Honeywell International Inc. (NASDAQ:HON)

Bleakley Financial Group LLC cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,773 shares of the conglomerate’s stock after selling 652 shares during the period. Bleakley Financial Group LLC’s holdings in Honeywell International were worth $5,370,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. NovaPoint Capital LLC lifted its position in Honeywell International by 4.6% during the fourth quarter. NovaPoint Capital LLC now owns 17,453 shares of the conglomerate’s stock valued at $3,942,000 after purchasing an additional 766 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in shares of Honeywell International by 6.3% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,915 shares of the conglomerate’s stock worth $884,000 after purchasing an additional 232 shares during the period. Jackson Grant Investment Advisers Inc. raised its position in shares of Honeywell International by 15.8% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 960 shares of the conglomerate’s stock valued at $217,000 after purchasing an additional 131 shares during the period. Econ Financial Services Corp raised its holdings in Honeywell International by 8.3% during the fourth quarter. Econ Financial Services Corp now owns 10,670 shares of the conglomerate’s stock valued at $2,410,000 after acquiring an additional 818 shares during the period. Finally, Choreo LLC boosted its stake in shares of Honeywell International by 4.1% in the fourth quarter. Choreo LLC now owns 27,891 shares of the conglomerate’s stock worth $6,314,000 after acquiring an additional 1,089 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HON shares. Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. UBS Group reissued a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Robert W. Baird lowered 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 research note on Friday, October 25th. Finally, Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Eleven equities 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 MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Trading Down 0.5 %

Shares of NASDAQ:HON opened at $222.35 on Thursday. 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 business’s 50 day moving average price is $225.61 and its 200-day moving average price is $215.18. The firm has a market capitalization of $144.58 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77.

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.