Surience Private Wealth LLC Makes New $4.48 Million Investment in Honeywell International Inc. (NASDAQ:HON)

Surience Private Wealth LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 19,824 shares of the conglomerate’s stock, valued at approximately $4,478,000. Honeywell International accounts for about 5.8% of Surience Private Wealth LLC’s investment portfolio, making the stock its 5th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International in the 3rd quarter valued at $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the third quarter valued at $29,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the period. Planning Capital Management Corp raised its position 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. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International in the 3rd quarter worth about $41,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HON shares. Bank of America upped their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Barclays dropped their target price on Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research note on Wednesday, December 11th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $247.93.

Honeywell International Trading Up 0.5 %

Shares of Honeywell International stock opened at $219.54 on Thursday. The company has a market cap of $142.76 billion, a price-to-earnings ratio of 25.35, a PEG 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 company’s fifty day simple moving average is $226.83 and its 200-day simple moving average is $214.27. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

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.