Capital Asset Advisory Services LLC Boosts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Capital Asset Advisory Services LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,545 shares of the conglomerate’s stock after acquiring an additional 643 shares during the period. Capital Asset Advisory Services LLC’s holdings in Honeywell International were worth $3,521,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International during the third quarter valued at about $29,000. Hoese & Co LLP bought a new position in shares of Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. raised its stake in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp raised its stake in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Trading Down 1.8 %

NASDAQ:HON opened at $221.51 on Monday. The company’s 50 day moving average price is $226.38 and its 200-day moving average price is $214.86. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market cap of $144.04 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Bank of America increased their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. JPMorgan Chase & Co. decreased 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 note on Wednesday, January 15th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus price target of $248.29.

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.