Addenda Capital Inc. Sells 1,807 Shares of Honeywell International Inc. (NASDAQ:HON)

Addenda Capital Inc. trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,707 shares of the conglomerate’s stock after selling 1,807 shares during the period. Addenda Capital Inc.’s holdings in Honeywell International were worth $10,551,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. New Hampshire Trust increased its holdings in Honeywell International by 1.2% in the 4th quarter. New Hampshire Trust now owns 15,086 shares of the conglomerate’s stock valued at $3,408,000 after buying an additional 179 shares during the period. CMH Wealth Management LLC boosted its position in shares of Honeywell International by 1.7% during the 4th quarter. CMH Wealth Management LLC now owns 30,044 shares of the conglomerate’s stock valued at $6,787,000 after acquiring an additional 494 shares in the last quarter. Hoese & Co LLP bought a new stake in Honeywell International in the fourth quarter valued at about $30,000. LaFleur & Godfrey LLC increased its stake in Honeywell International by 40.7% in the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate’s stock valued at $9,550,000 after acquiring an additional 12,227 shares during the period. Finally, Zhang Financial LLC raised its position in Honeywell International by 1.0% in the fourth quarter. Zhang Financial LLC now owns 12,639 shares of the conglomerate’s stock worth $2,855,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the topic of several analyst reports. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Wells Fargo & Company lowered their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research 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 company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and an average target price of $248.29.

Honeywell International Stock Down 0.0 %

NASDAQ:HON opened at $222.58 on Tuesday. The company has a market cap of $144.73 billion, a price-to-earnings 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 quick ratio of 1.12 and a current ratio of 1.44. The stock’s fifty day moving average price is $227.06 and its two-hundred day moving average price is $214.47. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.

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.