McGuire Investment Group LLC Has $6.30 Million Position in Honeywell International Inc. (NASDAQ:HON)

McGuire Investment Group LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 27,896 shares of the conglomerate’s stock after buying an additional 418 shares during the quarter. McGuire Investment Group LLC’s holdings in Honeywell International were worth $6,301,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. RIA Advisory Group LLC acquired a new stake in Honeywell International during the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. acquired a new position in shares of Honeywell International during the 3rd quarter valued at $454,000. EP Wealth Advisors LLC increased its stake in 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 purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC grew its stake in shares of Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after acquiring an additional 52,830 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the subject of several research reports. UBS Group restated a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Citigroup lowered their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Trading Down 1.8 %

NASDAQ HON opened at $221.51 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 firm has a market cap of $144.04 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a 50 day moving average price of $226.53 and a 200 day moving average price of $214.76. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

Honeywell International 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.