Cullen Investment Group LTD. Sells 106 Shares of Honeywell International Inc. (NASDAQ:HON)

Cullen Investment Group LTD. lowered its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.0% in the fourth quarter, HoldingsChannel reports. The firm owned 2,543 shares of the conglomerate’s stock after selling 106 shares during the period. Cullen Investment Group LTD.’s holdings in Honeywell International were worth $574,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Absher Wealth Management LLC grew its holdings in shares of Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after purchasing an additional 49 shares during the last quarter. ZRC Wealth Management LLC increased its holdings in shares of Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after buying an additional 50 shares in the last quarter. CFM Wealth Partners LLC lifted its stake in shares of 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 last quarter. Jacobsen Capital Management boosted its holdings in shares of 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 acquiring an additional 50 shares in the last quarter. Finally, Mengis Capital Management Inc. grew its position 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 acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.4 %

Honeywell International stock opened at $219.10 on Tuesday. 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 company has a market capitalization of $142.47 billion, a PE ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06. The firm’s fifty day moving average is $226.63 and its 200 day moving average is $214.23. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Citigroup reduced their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company lowered their target price on 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. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $248.07.

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.