Optas LLC Acquires 216 Shares of Honeywell International Inc. (NASDAQ:HON)

Optas LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 21.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,215 shares of the conglomerate’s stock after purchasing an additional 216 shares during the quarter. Optas LLC’s holdings in Honeywell International were worth $274,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Czech National Bank increased its position in Honeywell International by 6.9% in the 3rd quarter. Czech National Bank now owns 132,653 shares of the conglomerate’s stock valued at $27,421,000 after acquiring an additional 8,563 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Honeywell International by 35.6% in the third quarter. GAMMA Investing LLC now owns 5,703 shares of the conglomerate’s stock valued at $1,179,000 after purchasing an additional 1,496 shares in the last quarter. Diversified Trust Co raised its position in Honeywell International by 6.8% in the 3rd quarter. Diversified Trust Co now owns 14,463 shares of the conglomerate’s stock worth $2,990,000 after purchasing an additional 915 shares during the last quarter. Greenfield Savings Bank lifted its holdings in Honeywell International by 12.6% during the 3rd quarter. Greenfield Savings Bank now owns 6,723 shares of the conglomerate’s stock worth $1,390,000 after buying an additional 750 shares in the last quarter. Finally, Aprio Wealth Management LLC bought a new position in Honeywell International in the 3rd quarter valued at $227,000. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HON. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. The Goldman Sachs Group increased their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Barclays lifted their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Eleven 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 company. According to data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

Shares of HON opened at $223.55 on Wednesday. The firm’s 50 day moving average price is $225.75 and its two-hundred day moving average price is $215.12. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The firm has a market cap of $145.36 billion, a P/E ratio of 25.81, a PEG ratio of 2.57 and a beta of 1.05.

Honeywell International 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.