Honeywell International Inc. (NASDAQ:HON) Shares Sold by ORG Partners LLC

ORG Partners LLC reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 7,030 shares of the conglomerate’s stock after selling 69 shares during the quarter. ORG Partners LLC’s holdings in Honeywell International were worth $1,593,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in HON. Absher Wealth Management LLC lifted its holdings in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after buying an additional 49 shares in the last quarter. ZRC Wealth Management LLC lifted its stake in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after acquiring an additional 50 shares in the last quarter. CFM Wealth Partners LLC boosted its holdings in Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after purchasing an additional 50 shares during the last quarter. Jacobsen Capital Management grew its stake in Honeywell International by 5.2% during the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after purchasing an additional 50 shares in the last quarter. Finally, Mengis Capital Management Inc. increased its holdings in Honeywell International by 0.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock worth $2,517,000 after purchasing an additional 50 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of HON traded down $2.87 during mid-day trading on Friday, reaching $217.30. 902,555 shares of the company’s stock traded hands, compared to its average volume of 2,575,701. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The business’s 50-day moving average price is $226.22 and its 200-day moving average price is $214.18. The stock has a market capitalization of $141.30 billion, a P/E ratio of 25.09, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

Wall Street Analyst Weigh In

A number of research analysts have commented on HON shares. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group reiterated a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Citigroup increased their target price on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $248.21.

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.