Honeywell International Inc. (NASDAQ:HON) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 286,354 shares of the conglomerate’s stock after buying an additional 12,350 shares during the period. Janney Montgomery Scott LLC’s holdings in Honeywell International were worth $64,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter valued at $25,000. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the 4th quarter worth about $30,000. Reston Wealth Management LLC purchased a new stake in shares of Honeywell International in the 3rd quarter worth about $29,000. Financial Avengers Inc. raised its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% during 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. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Down 0.9 %

Shares of HON stock opened at $223.09 on Thursday. The stock has a 50-day simple moving average of $226.83 and a 200 day simple moving average of $214.63. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock has a market capitalization of $145.06 billion, a P/E ratio of 25.76, a P/E/G ratio of 2.55 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group restated a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Citigroup decreased their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Eleven research 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’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $248.29.

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.