Centaurus Financial Inc. lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 3.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,897 shares of the conglomerate’s stock after selling 107 shares during the quarter. Centaurus Financial Inc.’s holdings in Honeywell International were worth $599,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of HON. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at $29,000. Planning Capital Management Corp raised its position in Honeywell International by 96.4% in the third 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. Financial Connections Group Inc. acquired a new position in shares of Honeywell International during the second quarter worth about $38,000. Pathway Financial Advisers LLC purchased a new stake in shares of Honeywell International in the first quarter worth about $39,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Honeywell International in the second quarter valued at about $43,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Honeywell International Price Performance
Shares of NASDAQ HON opened at $230.60 on Tuesday. The business has a 50 day simple moving average of $214.38 and a 200-day simple moving average of $209.27. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a market capitalization of $149.95 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 2.72 and a beta of 1.03. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.
Honeywell International Increases Dividend
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on HON shares. Royal Bank of Canada boosted their price target on Honeywell International from $213.00 to $253.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 13th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. JPMorgan Chase & Co. cut their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $241.45.
View Our Latest Stock Report on HON
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.
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