Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 7.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,158 shares of the conglomerate’s stock after buying an additional 343 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Honeywell International were worth $1,165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sargent Investment Group LLC raised its stake in shares of Honeywell International by 268.6% in the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after acquiring an additional 4,082 shares during the period. Old North State Wealth Management LLC purchased a new stake in Honeywell International in the fourth quarter valued at approximately $210,000. Avitas Wealth Management LLC lifted its stake in Honeywell International by 0.7% during the fourth quarter. Avitas Wealth Management LLC now owns 22,141 shares of the conglomerate’s stock worth $5,001,000 after purchasing an additional 144 shares in the last quarter. Welch Group LLC boosted its position in shares of Honeywell International by 5.0% during the fourth quarter. Welch Group LLC now owns 7,405 shares of the conglomerate’s stock worth $1,678,000 after buying an additional 352 shares during the period. Finally, Brown Lisle Cummings Inc. grew its stake in shares of Honeywell International by 1.8% in the fourth quarter. Brown Lisle Cummings Inc. now owns 14,205 shares of the conglomerate’s stock valued at $3,209,000 after buying an additional 255 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HON. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Trading Down 5.6 %

NASDAQ:HON opened at $209.82 on Friday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market cap of $136.44 billion, a P/E ratio of 24.23, 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 quick ratio of 1.12 and a current ratio of 1.44. The stock has a 50-day simple moving average of $225.46 and a 200-day simple moving average of $215.23.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 37.77% and a net margin of 15.02%. As a group, analysts anticipate that Honeywell International Inc. will post 9.78 earnings per share for the current fiscal year.

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.