Perigon Wealth Management LLC Boosts Stock Position in Honeywell International Inc. (NASDAQ:HON)

Perigon Wealth Management LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,169 shares of the conglomerate’s stock after purchasing an additional 175 shares during the quarter. Perigon Wealth Management LLC’s holdings in Honeywell International were worth $3,378,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth approximately $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. grew its holdings in 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 purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its position 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 during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Down 2.2 %

HON stock opened at $220.70 on Wednesday. The company’s 50 day moving average is $226.32 and its 200 day moving average is $214.94. The stock has a market cap of $143.51 billion, a price-to-earnings ratio of 25.49, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

Analyst Ratings Changes

A number of research analysts have recently commented on HON shares. Wells Fargo & Company dropped their price target on 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. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $248.29.

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.