Penn Davis Mcfarland Inc. Buys 224 Shares of Honeywell International Inc. (NASDAQ:HON)

Penn Davis Mcfarland Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,636 shares of the conglomerate’s stock after purchasing an additional 224 shares during the quarter. Penn Davis Mcfarland Inc.’s holdings in Honeywell International were worth $2,628,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the third quarter worth $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. lifted its stake in shares of Honeywell International by 48.1% in the 3rd 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. Planning Capital Management Corp boosted its position in shares of 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 during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International during the third quarter worth $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

NASDAQ HON opened at $222.58 on Monday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm’s 50 day moving average is $227.06 and its 200-day moving average is $214.45. The company has a market capitalization of $144.73 billion, a PE ratio of 25.70, a price-to-earnings-growth 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

A number of equities analysts have issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Barclays upped their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday. Wells Fargo & Company reduced their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. 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 data from MarketBeat, the stock has an average 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.