Honeywell International Inc. (NASDAQ:HON) Shares Sold by Stableford Capital II LLC

Stableford Capital II LLC cut its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 4,963 shares of the conglomerate’s stock after selling 79 shares during the quarter. Stableford Capital II LLC’s holdings in Honeywell International were worth $1,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HON. Independence Bank of Kentucky grew its position in Honeywell International by 1.5% during the 4th quarter. Independence Bank of Kentucky now owns 9,133 shares of the conglomerate’s stock worth $2,063,000 after purchasing an additional 136 shares in the last quarter. China Universal Asset Management Co. Ltd. grew its holdings in shares of Honeywell International by 28.4% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 10,582 shares of the conglomerate’s stock valued at $2,390,000 after buying an additional 2,342 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in Honeywell International by 2.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 2,986 shares of the conglomerate’s stock valued at $658,000 after buying an additional 60 shares during the period. Waldron Private Wealth LLC lifted its stake in Honeywell International by 2.1% in the 4th quarter. Waldron Private Wealth LLC now owns 16,672 shares of the conglomerate’s stock worth $3,766,000 after acquiring an additional 345 shares in the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in Honeywell International during the 4th quarter worth about $932,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $223.72 on Friday. The company has a market capitalization of $145.47 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company’s fifty day moving average price is $225.91 and its 200 day moving average price is $215.14.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus price target of $248.29.

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.