Advisors Management Group Inc. ADV Acquires 176 Shares of Honeywell International Inc. (NASDAQ:HON)

Advisors Management Group Inc. ADV raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 25,493 shares of the conglomerate’s stock after acquiring an additional 176 shares during the period. Honeywell International makes up 1.4% of Advisors Management Group Inc. ADV’s holdings, making the stock its 23rd largest position. Advisors Management Group Inc. ADV’s holdings in Honeywell International were worth $5,759,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. ARS Wealth Advisors Group LLC increased its stake in shares of Honeywell International by 1.0% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 78,659 shares of the conglomerate’s stock valued at $17,768,000 after acquiring an additional 780 shares during the last quarter. Apella Capital LLC grew its holdings in Honeywell International by 13.8% during the fourth quarter. Apella Capital LLC now owns 1,893 shares of the conglomerate’s stock valued at $428,000 after purchasing an additional 229 shares during the period. Brendel Financial Advisors LLC bought a new stake in Honeywell International in the fourth quarter valued at approximately $204,000. Founders Grove Wealth Partners LLC acquired a new stake in Honeywell International in the fourth quarter worth $254,000. Finally, Laurel Wealth Advisors LLC boosted its position in shares of Honeywell International by 0.4% during the fourth quarter. Laurel Wealth Advisors LLC now owns 15,906 shares of the conglomerate’s stock worth $3,593,000 after purchasing an additional 70 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on HON. UBS Group restated a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wells Fargo & Company cut 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. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Finally, Bank of America raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $247.93.

Honeywell International Price Performance

NASDAQ:HON opened at $219.54 on Thursday. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a market cap of $142.76 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock’s 50-day simple moving average is $226.83 and its 200 day simple moving average is $214.27.

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.