Kathmere Capital Management LLC grew its stake in Honeywell International Inc. (NASDAQ:HON – Free Report) by 7.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,492 shares of the conglomerate’s stock after purchasing an additional 620 shares during the quarter. Kathmere Capital Management LLC’s holdings in Honeywell International were worth $1,918,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the stock. Absher Wealth Management LLC boosted its holdings in shares of Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after buying an additional 49 shares during the period. ZRC Wealth Management LLC lifted its position in Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after acquiring an additional 50 shares during the last quarter. CFM Wealth Partners LLC boosted its holdings in Honeywell International by 4.0% during the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after acquiring an additional 50 shares during the period. Jacobsen Capital Management grew its position in shares of Honeywell International by 5.2% in the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after purchasing an additional 50 shares during the last quarter. Finally, Mengis Capital Management Inc. increased its stake in shares of Honeywell International by 0.4% in the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock worth $2,517,000 after purchasing an additional 50 shares during the period. Institutional investors own 75.91% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently weighed in on HON shares. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Bank of America boosted 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. Barclays reduced their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. The Goldman Sachs Group increased their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a report on Tuesday, December 3rd. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average target price of $248.07.
Honeywell International Stock Down 0.3 %
NASDAQ:HON opened at $218.50 on Wednesday. The stock’s fifty day moving average price is $226.83 and its two-hundred day moving average price is $214.27. The company has a market cap of $142.08 billion, a price-to-earnings ratio of 25.23, a P/E/G ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.
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.
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