Optas LLC Acquires 216 Shares of Honeywell International Inc. (NASDAQ:HON)

Optas LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 21.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,215 shares of the conglomerate’s stock after purchasing an additional 216 shares during the period. Optas LLC’s holdings in Honeywell International were worth $274,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the third quarter valued at $25,000. Hoese & Co LLP acquired a new stake in Honeywell International in the fourth quarter valued at $30,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International in the 3rd quarter valued at about $29,000. Financial Avengers Inc. increased its stake in shares of 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 purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp raised its holdings in shares of Honeywell International by 96.4% in the 3rd 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 Price Performance

Shares of NASDAQ HON opened at $223.55 on Wednesday. The business has a fifty day moving average price of $225.75 and a two-hundred day moving average price of $215.12. The stock has a market capitalization of $145.36 billion, a PE ratio of 25.81, a P/E/G ratio of 2.57 and a beta of 1.05. 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 fifty-two week low of $189.75 and a fifty-two week high of $242.77.

Analyst Ratings Changes

A number of equities analysts have weighed in on HON shares. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Bank of America boosted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Royal Bank of Canada reissued 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, UBS Group reaffirmed a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International currently has an average rating of “Hold” and a consensus target price of $248.29.

About Honeywell International

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.