Avior Wealth Management LLC Sells 2,741 Shares of Honeywell International Inc. (NASDAQ:HON)

Avior Wealth Management LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 16.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,498 shares of the conglomerate’s stock after selling 2,741 shares during the period. Avior Wealth Management LLC’s holdings in Honeywell International were worth $3,049,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International in the third quarter worth $29,000. Hoese & Co LLP bought a new position in shares of Honeywell International in the fourth quarter worth $30,000. Financial Avengers Inc. raised its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp boosted its stake in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on HON. Wells Fargo & Company lowered their price target 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. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Bank of America raised 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. Finally, Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. 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 stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Trading Up 1.2 %

Shares of HON stock opened at $225.66 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 business has a 50-day moving average of $226.63 and a 200 day moving average of $214.69. The stock has a market capitalization of $146.73 billion, a PE ratio of 26.06, a P/E/G ratio of 2.58 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

Honeywell International Company 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.