High Net Worth Advisory Group LLC Purchases 70 Shares of Honeywell International Inc. (NASDAQ:HON)

High Net Worth Advisory Group LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 5.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,360 shares of the conglomerate’s stock after buying an additional 70 shares during the quarter. High Net Worth Advisory Group LLC’s holdings in Honeywell International were worth $307,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the 3rd quarter valued at $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the third quarter valued at about $29,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the 4th quarter valued at approximately $30,000. Financial Avengers Inc. boosted its position 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 purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its position in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on HON. Jefferies Financial Group lifted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Barclays boosted their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. Citigroup reduced their price objective 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 raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Performance

Shares of HON opened at $221.51 on Monday. 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 firm has a 50-day moving average of $226.38 and a 200-day moving average of $214.86. The company has a market cap of $144.04 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

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.