TCP Asset Management LLC Has $424,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

TCP Asset Management LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 13.6% during the fourth quarter, Holdings Channel reports. The firm owned 1,875 shares of the conglomerate’s stock after selling 296 shares during the period. TCP Asset Management LLC’s holdings in Honeywell International were worth $424,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International during the third quarter valued at about $29,000. Financial Avengers Inc. boosted its holdings in 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 during the last quarter. Planning Capital Management Corp grew its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International in the 3rd quarter valued at about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Shares of HON stock opened at $222.58 on Friday. The stock has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The company’s fifty day simple moving average is $227.06 and its two-hundred day simple moving average is $214.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Analysts Set New Price Targets

Several research firms have recently issued reports on HON. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. 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 note on Monday, January 13th. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company lowered their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average 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.