Brandywine Oak Private Wealth LLC Sells 208 Shares of Honeywell International Inc. (NASDAQ:HON)

Brandywine Oak Private Wealth LLC lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 9.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,109 shares of the conglomerate’s stock after selling 208 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Honeywell International were worth $476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Baldwin Wealth Partners LLC MA boosted its position in Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares in the last quarter. Costello Asset Management INC bought a new stake in shares of Honeywell International in the 4th quarter valued at about $3,092,000. RIA Advisory Group LLC purchased a new position in shares of Honeywell International in the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. bought a new position in shares of Honeywell International during the 3rd quarter worth approximately $454,000. Finally, Sargent Investment Group LLC lifted its position in Honeywell International by 268.6% during the fourth quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after acquiring an additional 4,082 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HON shares. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Wells Fargo & Company cut their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Citigroup cut their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. HSBC upgraded 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. Finally, Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Eleven equities 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. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

HON stock opened at $222.35 on Thursday. The stock has a market cap of $144.58 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The business has a fifty day moving average of $225.61 and a two-hundred day moving average of $215.18. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Honeywell International Company 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.