Honeywell International Inc. (NASDAQ:HON) Shares Sold by Romano Brothers AND Company

Romano Brothers AND Company trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,347 shares of the conglomerate’s stock after selling 70 shares during the period. Romano Brothers AND Company’s holdings in Honeywell International were worth $5,726,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. lifted its stake in Honeywell International by 17.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock valued at $4,009,000 after buying an additional 2,734 shares in the last quarter. Callan Capital LLC raised its holdings in shares of Honeywell International by 6.4% during the second quarter. Callan Capital LLC now owns 2,218 shares of the conglomerate’s stock valued at $474,000 after acquiring an additional 134 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of Honeywell International by 16.4% in the second quarter. AE Wealth Management LLC now owns 88,985 shares of the conglomerate’s stock valued at $19,002,000 after acquiring an additional 12,530 shares in the last quarter. Sei Investments Co. increased its position in shares of Honeywell International by 12.3% during the second quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock worth $87,114,000 after purchasing an additional 44,644 shares in the last quarter. Finally, Capstone Triton Financial Group LLC raised its stake in Honeywell International by 15.3% in the 2nd quarter. Capstone Triton Financial Group LLC now owns 3,309 shares of the conglomerate’s stock valued at $707,000 after purchasing an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $222.58 on Friday. The company’s 50 day simple moving average is $227.06 and its 200-day simple moving average is $214.44. 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 Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HON. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, Bank of America boosted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. 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. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $248.29.

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.