Honeywell International Inc. (NASDAQ:HON) Shares Sold by Conning Inc.

Conning Inc. lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,827 shares of the conglomerate’s stock after selling 192 shares during the quarter. Conning Inc.’s holdings in Honeywell International were worth $1,090,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Baldwin Wealth Partners LLC MA increased its holdings in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after buying an additional 2,611 shares in the last quarter. Costello Asset Management INC purchased a new position in Honeywell International in the 4th quarter valued at approximately $3,092,000. RIA Advisory Group LLC purchased a new stake in shares of Honeywell International in the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $454,000. Finally, Sargent Investment Group LLC grew its holdings in Honeywell International by 268.6% during the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock valued at $1,227,000 after buying an additional 4,082 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HON has been the subject of a number of recent research reports. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and a consensus price target of $248.86.

Honeywell International Trading Down 2.0 %

HON opened at $205.52 on Friday. The firm’s 50 day moving average is $225.07 and its 200-day moving average is $215.19. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $133.64 billion, a P/E ratio of 23.73, a P/E/G ratio of 2.57 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. Analysts expect that Honeywell International Inc. will post 9.78 EPS for the current fiscal year.

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.