One Wealth Capital Management LLC Purchases Shares of 941 Honeywell International Inc. (NASDAQ:HON)

One Wealth Capital Management LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, Holdings Channel.com reports. The fund acquired 941 shares of the conglomerate’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Norway Savings Bank increased its position in shares of Honeywell International by 15.4% during the fourth quarter. Norway Savings Bank now owns 8,187 shares of the conglomerate’s stock valued at $1,849,000 after acquiring an additional 1,094 shares during the last quarter. Spartan Planning & Wealth Management bought a new stake in shares of Honeywell International during the 4th quarter worth $313,000. Diversified Trust Co boosted its holdings in shares of Honeywell International by 8.9% in the 4th quarter. Diversified Trust Co now owns 15,748 shares of the conglomerate’s stock worth $3,558,000 after buying an additional 1,285 shares during the last quarter. Insight Wealth Strategies LLC increased its holdings in Honeywell International by 3.4% during the fourth quarter. Insight Wealth Strategies LLC now owns 9,180 shares of the conglomerate’s stock worth $2,074,000 after buying an additional 303 shares during the last quarter. Finally, Iowa State Bank raised its position in Honeywell International by 1.4% in the fourth quarter. Iowa State Bank now owns 7,937 shares of the conglomerate’s stock worth $1,793,000 after acquiring an additional 106 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 0.7 %

NASDAQ HON traded down $1.53 during trading on Tuesday, hitting $220.21. 1,903,295 shares of the company’s stock traded hands, compared to its average volume of 2,561,255. The firm has a market cap of $143.19 billion, a P/E ratio of 25.43, a PEG ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock has a fifty day moving average of $225.32 and a two-hundred day moving average of $214.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on HON shares. Wells Fargo & Company reduced their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and an average target price of $248.57.

Honeywell International Company 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.