NORTHSTAR ASSET MANAGEMENT Co LLC Purchases 50 Shares of Honeywell International Inc. (NASDAQ:HON)

NORTHSTAR ASSET MANAGEMENT Co LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,835 shares of the conglomerate’s stock after purchasing an additional 50 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co LLC’s holdings in Honeywell International were worth $1,996,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA lifted its holdings in Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after buying an additional 2,611 shares in the last quarter. Costello Asset Management INC purchased a new stake in shares of Honeywell International in the fourth quarter valued at approximately $3,092,000. RIA Advisory Group LLC bought a new position in Honeywell International in the third quarter worth approximately $6,124,000. Copley Financial Group Inc. bought a new stake in Honeywell International during the 3rd quarter valued at $454,000. Finally, Sargent Investment Group LLC lifted its holdings in shares of Honeywell International by 268.6% in the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock worth $1,227,000 after buying an additional 4,082 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HON shares. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Barclays lifted their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Finally, Wells Fargo & Company lowered their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and a consensus price target of $248.86.

Honeywell International Trading Down 2.0 %

NASDAQ HON opened at $205.52 on Monday. The stock has a market cap of $133.64 billion, a P/E ratio of 23.60, a P/E/G ratio of 2.55 and a beta of 1.05. 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 Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The company has a fifty day simple moving average of $224.52 and a two-hundred day simple moving average of $215.10.

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