True North Advisors LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 14.5% during the fourth quarter, HoldingsChannel reports. The fund owned 3,279 shares of the conglomerate’s stock after buying an additional 414 shares during the period. True North Advisors LLC’s holdings in Honeywell International were worth $741,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of HON. Independent Wealth Network Inc. grew its stake in shares of Honeywell International by 2.7% during the 4th quarter. Independent Wealth Network Inc. now owns 4,035 shares of the conglomerate’s stock worth $911,000 after purchasing an additional 107 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Honeywell International by 4.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 286,354 shares of the conglomerate’s stock worth $64,685,000 after buying an additional 12,350 shares in the last quarter. Phillips Wealth Planners LLC grew its position in Honeywell International by 3.8% during the fourth quarter. Phillips Wealth Planners LLC now owns 3,169 shares of the conglomerate’s stock worth $691,000 after buying an additional 117 shares during the period. Magnus Financial Group LLC increased its holdings in Honeywell International by 0.5% in the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after buying an additional 48 shares in the last quarter. Finally, Missouri Trust & Investment Co lifted its position in shares of Honeywell International by 0.9% during the 4th quarter. Missouri Trust & Investment Co now owns 12,996 shares of the conglomerate’s stock valued at $2,936,000 after acquiring an additional 112 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on HON. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Barclays lifted their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $248.29.
Honeywell International Stock Down 0.9 %
Shares of NASDAQ:HON opened at $223.09 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a market cap of $145.06 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 2.55 and a beta of 1.06. The stock’s 50-day moving average price is $226.83 and its two-hundred day moving average price is $214.63. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.
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.
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