Fifth Third Wealth Advisors LLC Acquires 1,168 Shares of Honeywell International Inc. (NASDAQ:HON)

Fifth Third Wealth Advisors LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 8.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,587 shares of the conglomerate’s stock after acquiring an additional 1,168 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Honeywell International were worth $3,295,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of HON. RIA Advisory Group LLC purchased a new stake in Honeywell International in the third quarter worth $6,124,000. Copley Financial Group Inc. purchased a new stake in shares of Honeywell International in the 3rd quarter worth approximately $454,000. EP Wealth Advisors LLC increased its position in Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after buying an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after buying an additional 12,755 shares during the last quarter. Finally, SteelPeak Wealth LLC boosted its holdings in Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after acquiring an additional 52,830 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HON shares. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. JPMorgan Chase & Co. cut their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Citigroup decreased their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Finally, Wells Fargo & Company lowered their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Eleven research 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 data from MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $248.07.

Honeywell International Stock Performance

NASDAQ HON opened at $218.50 on Wednesday. The stock has a market capitalization of $142.08 billion, a PE ratio of 25.23, a P/E/G ratio of 2.85 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. The business has a 50 day simple moving average of $226.83 and a two-hundred day simple moving average of $214.27. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

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.