Franklin Parlapiano Turner & Welch LLC Grows Position in Honeywell International Inc. (NASDAQ:HON)

Franklin Parlapiano Turner & Welch LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,396 shares of the conglomerate’s stock after acquiring an additional 204 shares during the quarter. Honeywell International makes up about 2.3% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 14th largest position. Franklin Parlapiano Turner & Welch LLC’s holdings in Honeywell International were worth $8,447,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the third quarter valued at approximately $29,000. Hoese & Co LLP purchased a new stake in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in 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 in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on HON shares. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reiterated a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $221.05 on Thursday. The business has a 50-day moving average of $226.17 and a 200 day moving average of $214.98. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market capitalization of $143.74 billion, a price-to-earnings ratio of 25.53, a price-to-earnings-growth ratio of 2.56 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.

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.