Honeywell International Inc. (NASDAQ:HON) Shares Bought by Patron Partners LLC

Patron Partners LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,947 shares of the conglomerate’s stock after buying an additional 221 shares during the period. Patron Partners LLC’s holdings in Honeywell International were worth $1,117,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

HON has been the subject of several research analyst reports. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Wednesday, December 11th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Trading Down 0.6 %

Shares of NASDAQ:HON opened at $222.41 on Tuesday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock’s fifty day moving average price is $225.91 and its 200-day moving average price is $215.08. The company has a market cap of $144.62 billion, a P/E ratio of 25.68, a PEG ratio of 2.57 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

About Honeywell International

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.