Honeywell International Inc. (NASDAQ:HON) Shares Sold by Narwhal Capital Management

Narwhal Capital Management lowered its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 37.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,522 shares of the conglomerate’s stock after selling 1,502 shares during the period. Narwhal Capital Management’s holdings in Honeywell International were worth $570,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Honeywell International by 10.6% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 9,682 shares of the conglomerate’s stock valued at $2,187,000 after acquiring an additional 924 shares during the last quarter. High Net Worth Advisory Group LLC raised its holdings in shares of Honeywell International by 5.4% in the 4th quarter. High Net Worth Advisory Group LLC now owns 1,360 shares of the conglomerate’s stock worth $307,000 after purchasing an additional 70 shares during the period. Clarendon Private LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at about $318,000. Crescent Grove Advisors LLC purchased a new stake in shares of Honeywell International during the 4th quarter worth about $277,000. Finally, Blue Square Asset Management LLC increased its position in Honeywell International by 2.6% during the 4th quarter. Blue Square Asset Management LLC now owns 8,435 shares of the conglomerate’s stock worth $1,905,000 after purchasing an additional 213 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HON. Wells Fargo & Company decreased their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Barclays upped their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Bank of America upped their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Trading Down 1.8 %

NASDAQ:HON opened at $221.51 on Monday. The business has a 50 day simple moving average of $226.38 and a 200 day simple moving average of $214.86. The firm has a market capitalization 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 company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month 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.