Schear Investment Advisers LLC Acquires 56 Shares of Honeywell International Inc. (NASDAQ:HON)

Schear Investment Advisers LLC increased its stake in Honeywell International Inc. (NASDAQ:HON) by 0.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,768 shares of the conglomerate’s stock after buying an additional 56 shares during the period. Schear Investment Advisers LLC’s holdings in Honeywell International were worth $1,529,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International during the 3rd quarter worth about $29,000. Hoese & Co LLP bought a new stake in Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% in 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 last quarter. Finally, Planning Capital Management Corp grew its holdings in shares of 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 in the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

NASDAQ:HON opened at $206.94 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The stock has a market cap of $134.56 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The firm’s fifty day simple moving average is $224.09 and its 200-day simple moving average is $215.15.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Analysts expect that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Insider Transactions at Honeywell International

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the sale, the vice president now owns 41,580 shares in the company, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research reports. Citigroup lowered their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Bank of America boosted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Morgan Stanley raised their price target on Honeywell International from $210.00 to $217.00 and gave the stock an “equal weight” rating in a research note on Tuesday. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $248.71.

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.