Ritholtz Wealth Management Has $5.85 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Ritholtz Wealth Management lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,892 shares of the conglomerate’s stock after buying an additional 364 shares during the period. Ritholtz Wealth Management’s holdings in Honeywell International were worth $5,849,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Carnegie Investment Counsel grew its position in Honeywell International by 8.7% during the 4th quarter. Carnegie Investment Counsel now owns 42,656 shares of the conglomerate’s stock worth $9,636,000 after acquiring an additional 3,428 shares during the last quarter. SignalPoint Asset Management LLC bought a new stake in Honeywell International during the 4th quarter worth $210,000. Heritage Family Offices LLP grew its position in Honeywell International by 5.6% during the 4th quarter. Heritage Family Offices LLP now owns 5,136 shares of the conglomerate’s stock worth $1,160,000 after acquiring an additional 272 shares during the last quarter. Flywheel Private Wealth LLC bought a new stake in Honeywell International during the 4th quarter worth $387,000. Finally, Brady Family Wealth LLC grew its position in Honeywell International by 27.0% during the 4th quarter. Brady Family Wealth LLC now owns 2,883 shares of the conglomerate’s stock worth $651,000 after acquiring an additional 613 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on HON. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. reduced their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Finally, Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $247.93.

Honeywell International Stock Up 1.4 %

HON stock opened at $222.69 on Friday. The stock’s 50 day simple moving average is $226.89 and its 200 day simple moving average is $214.30. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two 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. The company has a market cap of $144.80 billion, a P/E ratio of 25.71, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06.

Honeywell International Company 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.