Albion Financial Group UT Decreases Stake in Honeywell International Inc. (NASDAQ:HON)

Albion Financial Group UT decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,683 shares of the conglomerate’s stock after selling 724 shares during the quarter. Honeywell International comprises approximately 0.9% of Albion Financial Group UT’s portfolio, making the stock its 29th biggest holding. Albion Financial Group UT’s holdings in Honeywell International were worth $13,708,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in HON. Missouri Trust & Investment Co increased its stake in Honeywell International by 0.9% in the 4th quarter. Missouri Trust & Investment Co now owns 12,996 shares of the conglomerate’s stock valued at $2,936,000 after purchasing an additional 112 shares in the last quarter. Dakota Wealth Management increased its position in shares of Honeywell International by 0.7% in the fourth quarter. Dakota Wealth Management now owns 32,666 shares of the conglomerate’s stock valued at $7,379,000 after buying an additional 215 shares in the last quarter. XML Financial LLC raised its stake in shares of Honeywell International by 7.4% during the 4th quarter. XML Financial LLC now owns 7,202 shares of the conglomerate’s stock worth $1,627,000 after buying an additional 497 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Honeywell International by 146.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after buying an additional 336,296 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its holdings in Honeywell International by 12.3% during the 4th quarter. Simon Quick Advisors LLC now owns 4,374 shares of the conglomerate’s stock valued at $988,000 after acquiring an additional 478 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Up 1.1 %

Shares of NASDAQ:HON opened at $225.07 on Wednesday. The stock has a market capitalization of $146.35 billion, a P/E ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The stock has a 50-day simple moving average of $226.83 and a 200-day simple moving average of $214.63.

Wall Street Analyst Weigh In

HON has been the subject of a number of recent research reports. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International 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.