Eagle Bay Advisors LLC Cuts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Eagle Bay Advisors LLC reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 935 shares of the conglomerate’s stock after selling 103 shares during the period. Eagle Bay Advisors LLC’s holdings in Honeywell International were worth $211,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of HON. Acadian Asset Management LLC increased its stake in Honeywell International by 36.7% during the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock worth $1,252,000 after buying an additional 1,575 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Honeywell International during the 2nd quarter worth approximately $121,000. Envestnet Asset Management Inc. increased its stake in Honeywell International by 7.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,057,508 shares of the conglomerate’s stock worth $225,820,000 after buying an additional 71,378 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in Honeywell International by 25.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 15,100 shares of the conglomerate’s stock worth $3,224,000 after buying an additional 3,093 shares in the last quarter. Finally, Lyell Wealth Management LP increased its stake in Honeywell International by 1.4% during the 2nd quarter. Lyell Wealth Management LP now owns 48,936 shares of the conglomerate’s stock worth $10,450,000 after buying an additional 670 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Barclays dropped their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Wells Fargo & Company dropped their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, UBS Group restated a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Eleven investment 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’s stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.21.

Honeywell International Trading Up 0.5 %

NASDAQ:HON traded up $1.11 during trading hours on Monday, reaching $219.30. 504,742 shares of the stock were exchanged, compared to its average volume of 2,676,935. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business has a 50-day moving average of $226.40 and a two-hundred day moving average of $214.20. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a market capitalization of $142.60 billion, a price-to-earnings ratio of 25.32, a PEG ratio of 2.85 and a beta of 1.06.

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.