Bard Financial Services Inc. Trims Position in Honeywell International Inc. (NASDAQ:HON)

Bard Financial Services Inc. reduced its position in Honeywell International Inc. (NASDAQ:HON) by 0.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,894 shares of the conglomerate’s stock after selling 100 shares during the period. Bard Financial Services Inc.’s holdings in Honeywell International were worth $3,816,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International during the 3rd quarter valued at $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the 3rd quarter worth about $29,000. Financial Avengers Inc. grew its holdings in shares of 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 purchasing an additional 50 shares during the period. Planning Capital Management Corp increased its position 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 purchasing an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the third quarter valued at approximately $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on HON shares. Citigroup raised their price objective on Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a research report on Monday, December 9th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $249.57.

Honeywell International Stock Performance

Shares of Honeywell International stock traded down $2.29 during trading hours on Monday, reaching $224.23. The company’s stock had a trading volume of 1,222,826 shares, compared to its average volume of 1,946,076. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company’s 50 day simple moving average is $225.01 and its 200 day simple moving average is $214.00. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The stock has a market cap of $145.80 billion, a P/E ratio of 25.89, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

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.