Capital Management Associates Inc Has $218,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Capital Management Associates Inc cut its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 966 shares of the conglomerate’s stock after selling 98 shares during the quarter. Capital Management Associates Inc’s holdings in Honeywell International were worth $218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CWM LLC increased its position in Honeywell International by 3.4% during the 3rd quarter. CWM LLC now owns 42,031 shares of the conglomerate’s stock worth $8,688,000 after purchasing an additional 1,373 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in Honeywell International by 41.7% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,915 shares of the conglomerate’s stock worth $1,016,000 after purchasing an additional 1,446 shares in the last quarter. Watts Gwilliam & Co. LLC bought a new position in Honeywell International in the third quarter valued at about $1,752,000. Independence Bank of Kentucky boosted its stake in shares of Honeywell International by 12.5% during the third quarter. Independence Bank of Kentucky now owns 8,997 shares of the conglomerate’s stock valued at $1,860,000 after purchasing an additional 1,002 shares in the last quarter. Finally, LVW Advisors LLC increased its stake in shares of Honeywell International by 10.9% in the third quarter. LVW Advisors LLC now owns 2,373 shares of the conglomerate’s stock valued at $491,000 after buying an additional 234 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON opened at $205.52 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company has a fifty day moving average price of $225.07 and a 200-day moving average price of $215.19. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm has a market cap of $133.64 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 2.57 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last announced its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 37.77% and a net margin of 15.02%. As a group, equities research analysts predict that Honeywell International Inc. will post 9.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft raised Honeywell International from a “hold” rating to a “buy” rating and raised their target price for the stock from $236.00 to $260.00 in a research report on Friday. Royal Bank of Canada reduced their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research report on Friday. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Barclays increased their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.86.

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.