Cyndeo Wealth Partners LLC Sells 1,303 Shares of Honeywell International Inc. (NASDAQ:HON)

Cyndeo Wealth Partners LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 37,370 shares of the conglomerate’s stock after selling 1,303 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Honeywell International were worth $8,441,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the third quarter valued at about $25,000. Hoese & Co LLP bought a new stake in shares of Honeywell International in the 4th quarter valued at about $30,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $29,000. Financial Avengers Inc. boosted its stake in 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 acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its holdings in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $221.51 on Friday. 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 stock has a market cap of $144.04 billion, a P/E ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06. The stock has a 50 day simple moving average of $226.38 and a 200 day simple moving average of $214.83. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HON shares. UBS Group reissued a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Barclays increased their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Finally, Jefferies Financial Group lifted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $248.29.

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.