Honeywell International Inc. (NASDAQ:HON) Shares Bought by Synergy Asset Management LLC

Synergy Asset Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 93.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,484 shares of the conglomerate’s stock after purchasing an additional 35,932 shares during the period. Honeywell International makes up approximately 1.2% of Synergy Asset Management LLC’s holdings, making the stock its 18th biggest position. Synergy Asset Management LLC’s holdings in Honeywell International were worth $16,072,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the third quarter worth $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth about $29,000. Hoese & Co LLP purchased a new stake in Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. boosted its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its holdings in shares of 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 acquiring an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

NASDAQ HON opened at $221.05 on Thursday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock’s 50-day moving average is $226.17 and its two-hundred day moving average is $214.98. The firm has a market cap of $143.74 billion, a P/E ratio of 25.53, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Analysts Set New Price Targets

Several equities analysts have weighed in on HON shares. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. UBS Group restated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $248.29.

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.