Howland Capital Management LLC Sells 633 Shares of Honeywell International Inc. (NASDAQ:HON)

Howland Capital Management LLC cut its holdings in Honeywell International Inc. (NASDAQ:HON) by 28.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,562 shares of the conglomerate’s stock after selling 633 shares during the period. Howland Capital Management LLC’s holdings in Honeywell International were worth $353,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the third quarter valued at about $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International in the 3rd quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in shares of Honeywell International in the 4th quarter worth approximately $30,000. Financial Avengers Inc. grew its holdings in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its position in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the subject of several research reports. UBS Group reaffirmed a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and lifted their target price for the company from $236.00 to $260.00 in a research report on Friday. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Finally, Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Moderate Buy” and a consensus price target of $248.86.

Honeywell International Stock Down 2.0 %

Shares of NASDAQ:HON opened at $205.52 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The firm has a market cap of $133.64 billion, a P/E ratio of 23.60, a P/E/G ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The company’s 50-day moving average price is $224.52 and its two-hundred day moving average price is $215.10.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, research analysts forecast that Honeywell International Inc. will post 10.3 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.