Honeywell International Inc. (NASDAQ:HON) Shares Purchased by McGuire Investment Group LLC

McGuire Investment Group LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,896 shares of the conglomerate’s stock after buying an additional 418 shares during the quarter. McGuire Investment Group LLC’s holdings in Honeywell International were worth $6,301,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of HON. Exchange Traded Concepts LLC increased its stake in Honeywell International by 199.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 14,084 shares of the conglomerate’s stock worth $3,181,000 after buying an additional 9,373 shares during the period. Berbice Capital Management LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $529,000. Encompass More Asset Management boosted its holdings in shares of Honeywell International by 17.3% in the 4th quarter. Encompass More Asset Management now owns 2,280 shares of the conglomerate’s stock valued at $515,000 after buying an additional 337 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Honeywell International by 51.6% during the 4th quarter. Sound Income Strategies LLC now owns 1,013 shares of the conglomerate’s stock worth $229,000 after purchasing an additional 345 shares during the period. Finally, RFG Advisory LLC boosted its stake in Honeywell International by 11.6% during the 4th quarter. RFG Advisory LLC now owns 2,872 shares of the conglomerate’s stock worth $649,000 after purchasing an additional 299 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of HON opened at $221.51 on Friday. The company’s 50 day moving average price is $226.53 and its 200 day moving average price is $214.76. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a market capitalization of $144.04 billion, a PE ratio of 25.58, a PEG ratio of 2.56 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.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. HSBC upgraded 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. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Citigroup decreased their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.