Heck Capital Advisors LLC Invests $932,000 in Honeywell International Inc. (NASDAQ:HON)

Heck Capital Advisors LLC acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,128 shares of the conglomerate’s stock, valued at approximately $932,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its holdings in Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Honeywell International by 24,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after buying an additional 944,876 shares during the last quarter. Cibc World Market Inc. raised its stake in shares of Honeywell International by 320.5% during the 4th quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate’s stock worth $193,890,000 after acquiring an additional 654,207 shares in the last quarter. Mizuho Securities USA LLC lifted its position in Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after acquiring an additional 575,865 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after acquiring an additional 547,998 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Shares of HON opened at $223.72 on Friday. The company has a market capitalization of $145.47 billion, a P/E ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06. The business’s 50-day moving average is $226.02 and its two-hundred day moving average is $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 fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Analysts Set New Price Targets

Several analysts have recently commented on HON shares. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research note on Wednesday, December 11th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, UBS Group reissued a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $248.29.

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.