Honeywell International Inc. (NASDAQ:HON) Shares Sold by Crescent Sterling Ltd.

Crescent Sterling Ltd. lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,943 shares of the conglomerate’s stock after selling 46 shares during the period. Honeywell International accounts for approximately 1.6% of Crescent Sterling Ltd.’s portfolio, making the stock its 20th largest holding. Crescent Sterling Ltd.’s holdings in Honeywell International were worth $1,568,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several research firms recently commented on HON. UBS Group reiterated a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Bank of America increased their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Citigroup boosted their price objective on shares of Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Eleven investment 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 company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $248.21.

Honeywell International Stock Down 0.9 %

NASDAQ HON opened at $218.19 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The business has a 50 day moving average price of $226.40 and a two-hundred day moving average price of $214.20. The stock has a market cap of $141.88 billion, a PE ratio of 25.20, a P/E/G ratio of 2.85 and a beta of 1.06.

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.