True North Advisors LLC raised its position in Honeywell International Inc. (NASDAQ:HON – Free Report) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,279 shares of the conglomerate’s stock after acquiring an additional 414 shares during the quarter. True North Advisors LLC’s holdings in Honeywell International were worth $741,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Independent Wealth Network Inc. raised its position in Honeywell International by 2.7% in the 4th quarter. Independent Wealth Network Inc. now owns 4,035 shares of the conglomerate’s stock valued at $911,000 after purchasing an additional 107 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Honeywell International by 4.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 286,354 shares of the conglomerate’s stock worth $64,685,000 after acquiring an additional 12,350 shares during the last quarter. Phillips Wealth Planners LLC grew its holdings in Honeywell International by 3.8% during the 4th quarter. Phillips Wealth Planners LLC now owns 3,169 shares of the conglomerate’s stock worth $691,000 after acquiring an additional 117 shares in the last quarter. Magnus Financial Group LLC increased its position in shares of Honeywell International by 0.5% in the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after purchasing an additional 48 shares during the last quarter. Finally, Missouri Trust & Investment Co lifted its position in shares of Honeywell International by 0.9% during the 4th quarter. Missouri Trust & Investment Co now owns 12,996 shares of the conglomerate’s stock worth $2,936,000 after purchasing an additional 112 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HON has been the topic of several recent analyst reports. UBS Group reissued a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Wednesday, December 11th. JPMorgan Chase & Co. lowered their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Wells Fargo & Company cut their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, Citigroup lowered their target price 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. Eleven investment 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $248.29.
Honeywell International Trading Down 0.9 %
Shares of HON stock opened at $223.09 on Thursday. The company has a market capitalization of $145.06 billion, a P/E ratio of 25.76, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The business’s 50 day moving average is $226.83 and its two-hundred day moving average is $214.63. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.
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.
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