Honeywell International Inc. (NASDAQ:HON) Stake Trimmed by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 13.5% during the fourth quarter, HoldingsChannel reports. The firm owned 1,621 shares of the conglomerate’s stock after selling 254 shares during the period. Winthrop Advisory Group LLC’s holdings in Honeywell International were worth $366,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter worth about $25,000. Reston Wealth Management LLC purchased a new position in Honeywell International during the 3rd quarter valued at about $29,000. Financial Avengers Inc. grew its stake 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 acquiring an additional 50 shares in the last quarter. Planning Capital Management Corp grew its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International during the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON traded up $0.54 on Monday, reaching $218.73. 208,192 shares of the stock traded hands, compared to its average volume of 2,631,107. The firm has a market cap of $142.23 billion, a price-to-earnings ratio of 25.26, 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 current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock’s 50-day moving average price is $226.40 and its 200-day moving average price is $214.20.

Wall Street Analyst Weigh In

HON has been the topic of several research analyst reports. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Jefferies Financial Group lifted their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. reduced their price target on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.