Commons Capital LLC Increases Holdings in Honeywell International Inc. (NASDAQ:HON)

Commons Capital LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,819 shares of the conglomerate’s stock after buying an additional 173 shares during the quarter. Honeywell International makes up 1.8% of Commons Capital LLC’s portfolio, making the stock its 10th biggest position. Commons Capital LLC’s holdings in Honeywell International were worth $1,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the third quarter worth $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International during the third quarter worth $29,000. Hoese & Co LLP bought a new stake in shares of Honeywell International during the fourth quarter worth $30,000. Financial Avengers Inc. grew its stake in shares of 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 last quarter. Finally, Planning Capital Management Corp grew its stake in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HON has been the topic of a number of research reports. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Barclays lifted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Jefferies Financial Group lifted their price target 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. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Finally, Wells Fargo & Company cut their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Eleven equities research 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, Honeywell International presently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Price Performance

HON stock opened at $225.07 on Wednesday. The stock has a market capitalization of $146.35 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The company’s 50-day moving average is $227.00 and its 200-day moving average is $214.54. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

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.