Veracity Capital LLC Sells 412 Shares of Honeywell International Inc. (NASDAQ:HON)

Veracity Capital LLC lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 8.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 4,696 shares of the conglomerate’s stock after selling 412 shares during the period. Veracity Capital LLC’s holdings in Honeywell International were worth $1,061,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP grew its position in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after acquiring an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after buying an additional 944,876 shares during the period. Mizuho Securities USA LLC raised its holdings in Honeywell International by 1,147.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after buying an additional 575,865 shares during the last quarter. Geode Capital Management LLC boosted its position in Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares during the period. Finally, Nisa Investment Advisors LLC grew its holdings in Honeywell International by 146.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after acquiring an additional 336,296 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 1.2 %

Shares of HON stock opened at $225.66 on Friday. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The firm has a fifty day moving average price of $226.63 and a 200-day moving average price of $214.69. The company has a market cap of $146.73 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 2.58 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HON. Bank of America increased their target price on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. UBS Group reiterated a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Jefferies Financial Group upped their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Finally, Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International presently 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.