Jeppson Wealth Management LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,078 shares of the conglomerate’s stock after acquiring an additional 101 shares during the quarter. Jeppson Wealth Management LLC’s holdings in Honeywell International were worth $469,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ascent Group LLC lifted its holdings in shares of Honeywell International by 3.6% in the 2nd quarter. Ascent Group LLC now owns 9,381 shares of the conglomerate’s stock worth $2,003,000 after acquiring an additional 322 shares during the last quarter. Creative Planning lifted its stake in Honeywell International by 3.1% in the second quarter. Creative Planning now owns 217,112 shares of the conglomerate’s stock worth $46,362,000 after purchasing an additional 6,443 shares during the last quarter. Silver Lake Advisory LLC purchased a new stake in Honeywell International during the second quarter valued at about $198,000. NewEdge Advisors LLC grew its stake in shares of Honeywell International by 30.5% during the second quarter. NewEdge Advisors LLC now owns 76,142 shares of the conglomerate’s stock valued at $16,260,000 after buying an additional 17,809 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Honeywell International by 3.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 230,344 shares of the conglomerate’s stock worth $49,188,000 after buying an additional 7,603 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on HON shares. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Citigroup lowered their price objective 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. Barclays boosted their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Bank of America lifted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus target price of $248.29.
Honeywell International Stock Up 1.9 %
Shares of Honeywell International stock opened at $225.77 on Tuesday. The firm has a market cap of $146.80 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 2.56 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. 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 $226.38 and a 200 day moving average of $214.86.
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.
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