Caprock Group LLC Buys 1,678 Shares of Honeywell International Inc. (NASDAQ:HON)

Caprock Group LLC raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,705 shares of the conglomerate’s stock after acquiring an additional 1,678 shares during the quarter. Caprock Group LLC’s holdings in Honeywell International were worth $3,999,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Saxony Capital Management LLC increased its stake in shares of Honeywell International by 4.0% in the 4th quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock worth $277,000 after acquiring an additional 47 shares in the last quarter. Keudell Morrison Wealth Management grew its holdings in Honeywell International by 8.0% in the fourth quarter. Keudell Morrison Wealth Management now owns 1,889 shares of the conglomerate’s stock worth $427,000 after purchasing an additional 140 shares during the period. AA Financial Advisors LLC increased its stake in shares of Honeywell International by 10.9% during the fourth quarter. AA Financial Advisors LLC now owns 3,942 shares of the conglomerate’s stock valued at $890,000 after purchasing an additional 387 shares in the last quarter. Heritage Financial Services LLC lifted its holdings in shares of Honeywell International by 13.4% during the fourth quarter. Heritage Financial Services LLC now owns 1,241 shares of the conglomerate’s stock valued at $280,000 after purchasing an additional 147 shares during the last quarter. Finally, Quantum Financial Planning Services Inc. bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $314,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of a number of analyst reports. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Performance

NASDAQ:HON opened at $223.72 on Friday. The stock has a 50-day simple moving average of $226.02 and a two-hundred day simple moving average of $215.09. 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 52-week low of $189.66 and a 52-week high of $242.77. The firm has a market capitalization of $145.47 billion, a PE ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06.

Honeywell International Company 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.