Honeywell International Inc. (NASDAQ:HON) Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 8,496 shares of the conglomerate’s stock after selling 740 shares during the period. Baker Ellis Asset Management LLC’s holdings in Honeywell International were worth $1,919,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International during the 3rd quarter valued at approximately $25,000. Hoese & Co LLP purchased a new position in shares of Honeywell International during the 4th quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the 3rd quarter valued at approximately $29,000. Financial Avengers Inc. lifted its stake 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 during the last quarter. Finally, Planning Capital Management Corp lifted its stake in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on HON shares. UBS Group restated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Jefferies Financial Group raised their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

NASDAQ:HON opened at $223.09 on Thursday. The business’s 50-day moving average price is $226.83 and its 200 day moving average price is $214.63. The firm has a market cap of $145.06 billion, a P/E ratio of 25.76, a PEG ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

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.