Laurel Wealth Advisors LLC Has $3.59 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Laurel Wealth Advisors LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,906 shares of the conglomerate’s stock after acquiring an additional 70 shares during the period. Laurel Wealth Advisors LLC’s holdings in Honeywell International were worth $3,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Honeywell International by 56.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,497 shares of the conglomerate’s stock worth $2,145,000 after acquiring an additional 3,430 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of Honeywell International by 107.6% in the 4th quarter. Park Avenue Securities LLC now owns 19,961 shares of the conglomerate’s stock valued at $4,509,000 after purchasing an additional 10,347 shares during the period. Kathmere Capital Management LLC lifted its holdings in shares of Honeywell International by 7.9% in the fourth quarter. Kathmere Capital Management LLC now owns 8,492 shares of the conglomerate’s stock valued at $1,918,000 after purchasing an additional 620 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Honeywell International by 2.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 19,358 shares of the conglomerate’s stock worth $4,373,000 after buying an additional 466 shares during the period. Finally, Board of the Pension Protection Fund bought a new position in shares of Honeywell International during the fourth quarter worth about $632,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $218.50 on Wednesday. The business’s 50 day moving average is $226.83 and its 200-day moving average is $214.27. The firm has a market cap of $142.08 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. Wells Fargo & Company reduced their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. 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 research note on Thursday, November 14th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $248.07.

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.