Capital Investment Advisors LLC Acquires 6,582 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Investment Advisors LLC increased its stake in Honeywell International Inc. (NASDAQ:HON) by 5.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 122,493 shares of the conglomerate’s stock after acquiring an additional 6,582 shares during the period. Capital Investment Advisors LLC’s holdings in Honeywell International were worth $27,670,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter worth about $29,000. Financial Avengers Inc. increased its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the period. Planning Capital Management Corp lifted its position 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 worth $34,000 after purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new stake in shares of Honeywell International during the 3rd quarter worth $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.5 %

Shares of HON traded up $1.02 during midday trading on Monday, hitting $219.21. 450,360 shares of the stock were exchanged, compared to its average volume of 2,663,021. The firm has a market cap of $142.54 billion, a P/E ratio of 25.31, a P/E/G ratio of 2.85 and a beta of 1.06. 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 fifty day simple moving average of $226.40 and a 200 day simple moving average of $214.20. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HON. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Finally, Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven equities research 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $248.21.

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.