Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Highland Capital Management LLC

Highland Capital Management LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 555.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,478 shares of the conglomerate’s stock after purchasing an additional 8,031 shares during the period. Highland Capital Management LLC’s holdings in Honeywell International were worth $2,141,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International during the third quarter worth approximately $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. raised its stake in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its position 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 worth $34,000 after purchasing an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

HON opened at $224.06 on Friday. The stock’s 50 day simple moving average is $226.05 and its 200 day simple moving average is $215.02. The stock has a market cap of $145.70 billion, a P/E ratio of 25.87, 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. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Barclays increased their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, Bank of America upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Eleven research 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. Based on data from MarketBeat.com, Honeywell International 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.