Park Avenue Securities LLC Buys 10,347 Shares of Honeywell International Inc. (NASDAQ:HON)

Park Avenue Securities LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 107.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 19,961 shares of the conglomerate’s stock after purchasing an additional 10,347 shares during the period. Park Avenue Securities LLC’s holdings in Honeywell International were worth $4,509,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HON. Edgestream Partners L.P. purchased a new stake in Honeywell International in the 2nd quarter worth approximately $1,864,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Honeywell International by 9.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 86,429 shares of the conglomerate’s stock worth $18,456,000 after purchasing an additional 7,668 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Honeywell International by 2.7% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,284 shares of the conglomerate’s stock valued at $4,759,000 after purchasing an additional 589 shares during the period. Carolinas Wealth Consulting LLC lifted its stake in shares of Honeywell International by 46.7% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 2,562 shares of the conglomerate’s stock valued at $547,000 after buying an additional 815 shares in the last quarter. Finally, Haverford Financial Services Inc. boosted its holdings in Honeywell International by 20.6% in the 2nd quarter. Haverford Financial Services Inc. now owns 65,283 shares of the conglomerate’s stock worth $13,941,000 after buying an additional 11,143 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.4 %

Shares of HON stock opened at $222.69 on Friday. The company has a market cap of $144.80 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock’s 50 day simple moving average is $226.89 and its two-hundred day simple moving average is $214.30. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. The Goldman Sachs Group raised their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. UBS Group reissued a “buy” rating and issued a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Jefferies Financial Group boosted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $247.93.

About Honeywell International

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.