SeaCrest Wealth Management LLC Has $2.41 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

SeaCrest Wealth Management LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 4th quarter, HoldingsChannel reports. The fund owned 10,672 shares of the conglomerate’s stock after selling 126 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Honeywell International were worth $2,411,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter valued at $29,000. Financial Avengers Inc. raised its position in shares of 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 acquiring an additional 50 shares during the last quarter. Planning Capital Management Corp lifted its stake in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP bought a new position in Honeywell International in the third quarter valued at about $41,000. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HON has been the subject of several analyst reports. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Bank of America raised their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Jefferies Financial Group raised their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Finally, Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. 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, Honeywell International presently has an average rating of “Hold” and a consensus target price of $248.07.

Honeywell International Price Performance

Shares of HON opened at $218.50 on Wednesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market capitalization of $142.08 billion, a PE ratio of 25.23, a P/E/G ratio of 2.85 and a beta of 1.06. The stock has a 50 day simple moving average of $226.83 and a 200 day simple moving average of $214.27. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.

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.