Cyndeo Wealth Partners LLC Has $8.44 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Cyndeo Wealth Partners LLC lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,370 shares of the conglomerate’s stock after selling 1,303 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Honeywell International were worth $8,441,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in Honeywell International by 3.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 23,256 shares of the conglomerate’s stock worth $5,253,000 after purchasing an additional 782 shares in the last quarter. apricus wealth LLC grew its holdings in Honeywell International by 7.8% during the 4th quarter. apricus wealth LLC now owns 3,155 shares of the conglomerate’s stock worth $713,000 after acquiring an additional 229 shares during the last quarter. Cottonwood Capital Advisors LLC raised its stake in shares of Honeywell International by 13.1% during the fourth quarter. Cottonwood Capital Advisors LLC now owns 1,141 shares of the conglomerate’s stock valued at $258,000 after acquiring an additional 132 shares during the last quarter. McGuire Investment Group LLC lifted its holdings in shares of Honeywell International by 1.5% during the fourth quarter. McGuire Investment Group LLC now owns 27,896 shares of the conglomerate’s stock worth $6,301,000 after purchasing an additional 418 shares during the period. Finally, Exchange Traded Concepts LLC grew its position in shares of Honeywell International by 199.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 14,084 shares of the conglomerate’s stock valued at $3,181,000 after buying an additional 9,373 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HON has been the topic of several analyst reports. Wells Fargo & Company reduced their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Bank of America boosted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Down 1.8 %

NASDAQ:HON opened at $221.51 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm’s 50-day moving average price is $226.38 and its 200-day moving average price is $214.83. The company has a market capitalization of $144.04 billion, a PE ratio of 25.58, a P/E/G ratio of 2.56 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.

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.