Johnson Bixby & Associates LLC Sells 60 Shares of Honeywell International Inc. (NASDAQ:HON)

Johnson Bixby & Associates LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,421 shares of the conglomerate’s stock after selling 60 shares during the period. Johnson Bixby & Associates LLC’s holdings in Honeywell International were worth $321,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HON. Wellington Management Group LLP lifted its stake in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after buying an additional 944,876 shares during the period. Mizuho Securities USA LLC increased its holdings in shares of Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after buying an additional 575,865 shares during the period. Geode Capital Management LLC increased its holdings in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after buying an additional 547,998 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Honeywell International by 146.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after buying an additional 336,296 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on HON shares. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Citigroup decreased their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

Shares of HON opened at $225.66 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s 50 day moving average price is $226.63 and its 200-day moving average price is $214.69. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market cap of $146.73 billion, a P/E ratio of 26.06, a P/E/G ratio of 2.58 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.