Diversify Advisory Services LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Diversify Advisory Services LLC lifted its position in Honeywell International Inc. (NASDAQ:HON) by 43.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,776 shares of the conglomerate’s stock after purchasing an additional 845 shares during the quarter. Diversify Advisory Services LLC’s holdings in Honeywell International were worth $606,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International during the 3rd quarter valued at about $29,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the period. 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 last quarter. Finally, Western Pacific Wealth Management LP bought a new position in shares of Honeywell International in the third quarter worth approximately $41,000. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HON has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Barclays increased their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group boosted their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Eleven investment 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $225.07 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm has a market capitalization of $146.35 billion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The firm has a 50 day moving average of $227.00 and a 200 day moving average of $214.54.

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.