Procyon Advisors LLC Purchases 374 Shares of Honeywell International Inc. (NASDAQ:HON)

Procyon Advisors LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.8% during the 4th quarter, HoldingsChannel reports. The fund owned 13,799 shares of the conglomerate’s stock after acquiring an additional 374 shares during the quarter. Procyon Advisors LLC’s holdings in Honeywell International were worth $3,117,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HON. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Citigroup reduced their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday. 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. Finally, Bank of America upped their target price 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. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus target price of $247.93.

Honeywell International Trading Up 1.4 %

Shares of HON opened at $222.69 on Friday. The business’s 50-day moving average price is $226.89 and its 200-day moving average price is $214.30. 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 stock has a market cap of $144.80 billion, a PE ratio of 25.71, a P/E/G ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.

Honeywell International 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.