Sage Capital Advisors llc Increases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Sage Capital Advisors llc increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 18,570 shares of the conglomerate’s stock after buying an additional 85 shares during the quarter. Sage Capital Advisors llc’s holdings in Honeywell International were worth $4,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in HON. Harbor Capital Advisors Inc. raised its stake in shares of Honeywell International by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 15,342 shares of the conglomerate’s stock worth $3,466,000 after purchasing an additional 376 shares during the last quarter. ST Germain D J Co. Inc. raised its position in Honeywell International by 11.3% during the 4th quarter. ST Germain D J Co. Inc. now owns 10,323 shares of the conglomerate’s stock worth $2,332,000 after buying an additional 1,048 shares during the last quarter. Fulton Bank N.A. boosted its holdings in shares of Honeywell International by 0.8% in the fourth quarter. Fulton Bank N.A. now owns 17,514 shares of the conglomerate’s stock valued at $3,956,000 after acquiring an additional 140 shares in the last quarter. One Wealth Capital Management LLC acquired a new position in shares of Honeywell International during the fourth quarter worth about $213,000. Finally, Norway Savings Bank raised its holdings in Honeywell International by 15.4% during the fourth quarter. Norway Savings Bank now owns 8,187 shares of the conglomerate’s stock worth $1,849,000 after purchasing an additional 1,094 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.7 %

Shares of HON traded down $1.49 on Friday, hitting $218.68. 1,576,051 shares of the stock traded hands, compared to its average volume of 2,695,651. The firm has a market capitalization of $142.20 billion, a P/E ratio of 25.25, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The stock’s 50 day moving average is $226.22 and its two-hundred day moving average is $214.18.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HON shares. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $248.21.

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.