B & T Capital Management DBA Alpha Capital Management Grows Position in Honeywell International Inc. (NASDAQ:HON)

B & T Capital Management DBA Alpha Capital Management raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,761 shares of the conglomerate’s stock after purchasing an additional 422 shares during the period. Honeywell International accounts for about 1.4% of B & T Capital Management DBA Alpha Capital Management’s holdings, making the stock its 23rd biggest position. B & T Capital Management DBA Alpha Capital Management’s holdings in Honeywell International were worth $7,626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Dakota Community Bank & Trust NA lifted its holdings in Honeywell International by 9.5% during the 4th quarter. Dakota Community Bank & Trust NA now owns 1,540 shares of the conglomerate’s stock worth $348,000 after purchasing an additional 134 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Honeywell International by 26.8% during the fourth quarter. Brooklyn Investment Group now owns 3,089 shares of the conglomerate’s stock valued at $698,000 after buying an additional 653 shares during the period. Albert D Mason Inc. increased its position in shares of Honeywell International by 0.7% during the fourth quarter. Albert D Mason Inc. now owns 7,967 shares of the conglomerate’s stock valued at $1,800,000 after buying an additional 55 shares during the period. Sax Wealth Advisors LLC grew its stake in Honeywell International by 74.7% during the fourth quarter. Sax Wealth Advisors LLC now owns 2,556 shares of the conglomerate’s stock valued at $577,000 after acquiring an additional 1,093 shares in the last quarter. Finally, Merit Financial Group LLC increased its holdings in Honeywell International by 10.7% during the 4th quarter. Merit Financial Group LLC now owns 45,096 shares of the conglomerate’s stock worth $10,187,000 after acquiring an additional 4,355 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $222.58 on Friday. The firm has a fifty day simple moving average of $227.00 and a two-hundred day simple moving average of $214.36. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a market capitalization of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Jefferies Financial Group raised their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Eleven 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 company presently has an average rating of “Hold” and an average 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.