Honeywell International Inc. (NASDAQ:HON) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,012 shares of the conglomerate’s stock after selling 175 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Honeywell International were worth $906,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter worth about $29,000. Financial Avengers Inc. raised its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Planning Capital Management Corp lifted its position in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International in the 3rd quarter valued at approximately $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on HON. Wells Fargo & Company cut their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. The Goldman Sachs Group raised their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Citigroup lowered their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. UBS Group reissued a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Eleven investment 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $222.58 on Monday. The business has a 50-day moving average of $227.06 and a two-hundred day moving average of $214.45. The firm has a market capitalization of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

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.