Honeywell International Inc. (NASDAQ:HON) Position Raised by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 5.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,251 shares of the conglomerate’s stock after buying an additional 61 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Honeywell International were worth $273,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in HON. Wellington Management Group LLP raised its stake in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares in the last quarter. Mizuho Securities USA LLC raised its stake in shares of Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares in the last quarter. Geode Capital Management LLC grew its holdings in Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after acquiring an additional 547,998 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after acquiring an additional 310,807 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.5 %

NASDAQ:HON opened at $219.54 on Thursday. 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 fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock’s 50-day moving average is $226.83 and its two-hundred day moving average is $214.27. The stock has a market cap of $142.76 billion, a PE ratio of 25.35, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Analyst Ratings Changes

A number of research firms recently issued reports on HON. The Goldman Sachs Group lifted their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Citigroup lowered their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday. Barclays lowered their target price on Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Finally, Wells Fargo & Company dropped their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $247.93.

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.