Chicago Capital LLC Boosts Holdings in Honeywell International Inc. (NASDAQ:HON)

Chicago Capital LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,783 shares of the conglomerate’s stock after purchasing an additional 187 shares during the period. Chicago Capital LLC’s holdings in Honeywell International were worth $2,436,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at $29,000. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter valued at $30,000. Financial Avengers Inc. increased its stake in Honeywell International by 48.1% during the 3rd 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. Finally, Planning Capital Management Corp increased its position 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 acquiring an additional 81 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

NASDAQ HON opened at $223.72 on Monday. The company has a 50 day moving average price of $225.91 and a two-hundred day moving average price of $215.12. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock has a market capitalization 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 company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Citigroup dropped their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $248.29.

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.