Savant Capital LLC Acquires 550 Shares of Honeywell International Inc. (NASDAQ:HON)

Savant Capital LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 34,201 shares of the conglomerate’s stock after purchasing an additional 550 shares during the quarter. Savant Capital LLC’s holdings in Honeywell International were worth $7,726,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International during the 3rd quarter worth approximately $25,000. Hoese & Co LLP bought a new position in Honeywell International during the 4th quarter worth approximately $30,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Financial Avengers Inc. raised its holdings 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 buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its holdings in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on HON shares. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. UBS Group restated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Barclays dropped their target price on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Citigroup dropped their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Moderate Buy” and an average price target of $248.21.

Honeywell International Price Performance

Shares of HON opened at $208.52 on Tuesday. The company has a market cap of $135.59 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The company’s fifty day simple moving average is $224.52 and its 200 day simple moving average is $215.11. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, research analysts forecast that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

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.