Doliver Advisors LP Cuts Stock Position in Honeywell International Inc. (NASDAQ:HON)

Doliver Advisors LP decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.6% in the 4th quarter, HoldingsChannel reports. The firm owned 5,615 shares of the conglomerate’s stock after selling 149 shares during the quarter. Doliver Advisors LP’s holdings in Honeywell International were worth $1,268,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International during the 3rd quarter worth about $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter worth about $29,000. Financial Avengers Inc. raised its holdings in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Planning Capital Management Corp lifted its stake in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in Honeywell International during the 3rd quarter worth approximately $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON traded down $3.91 during mid-day trading on Monday, hitting $222.61. 1,623,027 shares of the company were exchanged, compared to its average volume of 2,084,441. The stock has a 50 day simple moving average of $225.01 and a 200-day simple moving average of $214.00. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year 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 cap of $144.75 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wells Fargo & Company boosted their target price on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Citigroup upped their price target on Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a report on Monday, December 9th. Bank of America boosted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Barclays increased their target price on shares of Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average target price of $249.57.

Honeywell International Company 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.