GSB Wealth Management LLC Purchases 996 Shares of Honeywell International Inc. (NASDAQ:HON)

GSB Wealth Management LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,799 shares of the conglomerate’s stock after buying an additional 996 shares during the quarter. GSB Wealth Management LLC’s holdings in Honeywell International were worth $2,439,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. RIA Advisory Group LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International during the 3rd quarter valued at $454,000. EP Wealth Advisors LLC lifted its position in shares of Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after buying an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC raised its holdings in shares of Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after buying an additional 52,830 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on HON. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Wells Fargo & Company cut their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Down 1.8 %

HON opened at $221.51 on Friday. The company has a market cap of $144.04 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.56 and a beta of 1.06. The business’s 50-day moving average price is $226.38 and its 200-day moving average price is $214.83. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12 month low of $189.66 and a 12 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.