Strategic Blueprint LLC Sells 142 Shares of Honeywell International Inc. (NASDAQ:HON)

Strategic Blueprint LLC cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,047 shares of the conglomerate’s stock after selling 142 shares during the period. Strategic Blueprint LLC’s holdings in Honeywell International were worth $2,044,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter valued at about $29,000. Hoese & Co LLP acquired a new position in shares of Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. raised its position in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp raised its position in shares of 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 buying an additional 81 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Barclays increased 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. Finally, Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Eleven research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

HON opened at $221.05 on Thursday. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company’s 50 day simple moving average is $226.17 and its 200-day simple moving average is $214.98. The stock has a market capitalization of $143.74 billion, a P/E ratio of 25.53, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06.

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.