Honeywell International Inc. (NASDAQ:HON) Stock Position Lifted by Vantage Wealth

Vantage Wealth lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 82,187 shares of the conglomerate’s stock after purchasing an additional 1,547 shares during the quarter. Honeywell International accounts for approximately 4.0% of Vantage Wealth’s holdings, making the stock its 13th largest position. Vantage Wealth’s holdings in Honeywell International were worth $18,565,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HON. Wellington Management Group LLP boosted its stake in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Honeywell International by 24,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the period. Mizuho Securities USA LLC boosted its position in shares of Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares during the period. Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.0% in 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 purchasing an additional 547,998 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in shares of Honeywell International by 146.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock valued at $127,826,000 after purchasing an additional 336,296 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on HON. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Citigroup decreased their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Wells Fargo & Company reduced their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. 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 note on Thursday, November 14th. Finally, Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Honeywell International stock opened at $221.51 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company has a market capitalization of $144.04 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The business has a 50 day simple moving average of $226.38 and a 200 day simple moving average of $214.83.

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.