Honeywell International Inc. (NASDAQ:HON) Shares Sold by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 91.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,738 shares of the conglomerate’s stock after selling 60,882 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Honeywell International were worth $1,296,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the third quarter valued at approximately $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International in the third quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in shares of Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. boosted its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the period. Finally, Planning Capital Management Corp boosted its position in shares of Honeywell International by 96.4% in the third 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 period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.4 %

HON stock opened at $224.02 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $145.67 billion, a PE ratio of 25.85, a PEG ratio of 2.58 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The business’s 50 day simple moving average is $226.63 and its 200 day simple moving average is $214.69.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. UBS Group reaffirmed a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Wells Fargo & Company reduced 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. Citigroup reduced their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Eleven investment 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average 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.