13,690 Shares in Honeywell International Inc. (NASDAQ:HON) Acquired by Costello Asset Management INC

Costello Asset Management INC bought a new stake in Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,690 shares of the conglomerate’s stock, valued at approximately $3,092,000. Honeywell International comprises approximately 2.0% of Costello Asset Management INC’s portfolio, making the stock its 18th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Baldwin Wealth Partners LLC MA increased its holdings in shares of Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after purchasing an additional 2,611 shares in the last quarter. RIA Advisory Group LLC purchased a new stake in Honeywell International in the third quarter worth about $6,124,000. Copley Financial Group Inc. purchased a new position in Honeywell International during the third quarter valued at approximately $454,000. Toth Financial Advisory Corp boosted its holdings in Honeywell International by 11.2% in the 4th quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after buying an additional 1,859 shares during the period. Finally, Rockefeller Capital Management L.P. grew its position in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on HON shares. Barclays increased their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup decreased their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Wells Fargo & Company dropped their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group upped their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

NASDAQ HON opened at $223.72 on Friday. 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. The company has a market cap of $145.47 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. The stock’s 50 day simple moving average is $225.91 and its 200-day simple moving average is $215.14.

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.