Commons Capital LLC Has $1.99 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Commons Capital LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,819 shares of the conglomerate’s stock after purchasing an additional 173 shares during the period. Honeywell International comprises 1.8% of Commons Capital LLC’s holdings, making the stock its 10th largest position. Commons Capital LLC’s holdings in Honeywell International were worth $1,992,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. ZWJ Investment Counsel Inc. grew its holdings in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after acquiring an additional 47 shares in the last quarter. Absher Wealth Management LLC grew its holdings in shares of Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after acquiring an additional 49 shares in the last quarter. ZRC Wealth Management LLC grew its holdings in shares of Honeywell International by 11.6% in the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after acquiring an additional 50 shares in the last quarter. CFM Wealth Partners LLC grew its holdings in shares of Honeywell International by 4.0% in the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after acquiring an additional 50 shares in the last quarter. Finally, Jacobsen Capital Management grew its holdings in shares of Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 1.1 %

NASDAQ HON opened at $225.07 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a 50 day moving average of $227.00 and a 200-day moving average of $214.54. The company 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.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on HON. Jefferies Financial Group raised their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Bank of America raised their target price 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. The Goldman Sachs Group raised their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup cut their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Barclays raised their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently 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.