Annex Advisory Services LLC Buys 3,286 Shares of Honeywell International Inc. (NASDAQ:HON)

Annex Advisory Services LLC lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 48,952 shares of the conglomerate’s stock after buying an additional 3,286 shares during the quarter. Annex Advisory Services LLC’s holdings in Honeywell International were worth $11,058,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC bought a new position in Honeywell International in the third quarter worth approximately $29,000. Financial Avengers Inc. lifted its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Planning Capital Management Corp boosted its position in 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 in the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in shares of Honeywell International in the 3rd quarter worth $41,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

NASDAQ:HON opened at $222.58 on Monday. The firm’s fifty day moving average is $227.06 and its two-hundred day moving average is $214.45. The firm has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Analysts Set New Price Targets

A number of brokerages have commented on HON. 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. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research note on Wednesday, December 11th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Eleven 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.