Klingenstein Fields & Co. LP Has $38.80 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Klingenstein Fields & Co. LP lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 0.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 171,741 shares of the conglomerate’s stock after selling 635 shares during the period. Honeywell International makes up 1.6% of Klingenstein Fields & Co. LP’s portfolio, making the stock its 19th largest holding. Klingenstein Fields & Co. LP’s holdings in Honeywell International were worth $38,795,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the 3rd quarter valued at about $25,000. Hoese & Co LLP bought a new stake in Honeywell International in the 4th quarter valued at about $30,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at about $29,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp boosted its holdings in 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 purchasing an additional 81 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Insider Buying and Selling

In other Honeywell International news, VP Anne T. Madden sold 28,885 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the transaction, the vice president now directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. This trade represents a 40.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HON. Barclays cut their price target on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a report on Monday. Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group upped their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Ten research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $248.71.

Honeywell International Trading Up 0.1 %

HON opened at $205.27 on Friday. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.31 and a debt-to-equity ratio of 1.33. The company has a fifty day moving average of $223.20 and a 200-day moving average of $215.11. The stock has a market cap of $133.48 billion, a PE ratio of 23.57, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. On average, sell-side analysts predict that Honeywell International Inc. will post 10.3 EPS for the current year.

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.