ARS Wealth Advisors Group LLC Grows Position in Honeywell International Inc. (NASDAQ:HON)

ARS Wealth Advisors Group LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,659 shares of the conglomerate’s stock after purchasing an additional 780 shares during the quarter. Honeywell International makes up 2.4% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 12th biggest position. ARS Wealth Advisors Group LLC’s holdings in Honeywell International were worth $17,768,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP grew its position in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares in the last quarter. Mizuho Securities USA LLC lifted its position in Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after acquiring an additional 575,865 shares in the last quarter. Geode Capital Management LLC boosted its stake in Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Honeywell International by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.2 %

HON traded up $0.52 on Wednesday, reaching $219.02. 344,278 shares of the company traded hands, compared to its average volume of 3,098,519. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a market cap of $142.42 billion, a P/E ratio of 25.29, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The firm has a fifty day simple moving average of $226.83 and a two-hundred day simple moving average of $214.27. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Analyst Ratings Changes

HON has been the subject of a number of research analyst reports. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. UBS Group restated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven investment 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. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $247.93.

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.