Honeywell International Inc. (NASDAQ:HON) Shares Sold by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 0.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 160,971 shares of the conglomerate’s stock after selling 71 shares during the quarter. Honeywell International comprises about 1.0% of NorthCrest Asset Manangement LLC’s portfolio, making the stock its 18th biggest holding. NorthCrest Asset Manangement LLC’s holdings in Honeywell International were worth $33,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Acadian Asset Management LLC grew its position in Honeywell International by 36.7% in the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock valued at $1,252,000 after acquiring an additional 1,575 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Honeywell International in the second quarter valued at approximately $121,000. HHM Wealth Advisors LLC increased its stake in Honeywell International by 8.0% during the 2nd quarter. HHM Wealth Advisors LLC now owns 1,030 shares of the conglomerate’s stock worth $220,000 after buying an additional 76 shares during the period. LPL Financial LLC lifted its holdings in Honeywell International by 11.2% during the 2nd quarter. LPL Financial LLC now owns 651,596 shares of the conglomerate’s stock worth $139,142,000 after buying an additional 65,559 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. purchased a new position in Honeywell International in the 2nd quarter valued at approximately $1,365,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Barclays decreased their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven 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, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.21.

Honeywell International Trading Down 1.5 %

Honeywell International stock traded down $3.28 during midday trading on Friday, reaching $216.89. The stock had a trading volume of 1,143,665 shares, compared to its average volume of 2,629,863. The stock’s 50-day simple moving average is $226.22 and its 200 day simple moving average is $214.18. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. 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 stock has a market capitalization of $141.03 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

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.