Greenwood Capital Associates LLC Cuts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Greenwood Capital Associates LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,736 shares of the conglomerate’s stock after selling 545 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Honeywell International were worth $6,717,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Czech National Bank lifted its position in Honeywell International by 6.9% during the third quarter. Czech National Bank now owns 132,653 shares of the conglomerate’s stock valued at $27,421,000 after purchasing an additional 8,563 shares during the period. GAMMA Investing LLC raised its stake in Honeywell International by 35.6% during the 3rd quarter. GAMMA Investing LLC now owns 5,703 shares of the conglomerate’s stock valued at $1,179,000 after buying an additional 1,496 shares during the last quarter. Diversified Trust Co boosted its stake in shares of Honeywell International by 6.8% in the 3rd quarter. Diversified Trust Co now owns 14,463 shares of the conglomerate’s stock worth $2,990,000 after buying an additional 915 shares during the last quarter. IAM Advisory LLC grew its holdings in shares of Honeywell International by 2.3% in the third quarter. IAM Advisory LLC now owns 9,964 shares of the conglomerate’s stock worth $2,060,000 after acquiring an additional 223 shares during the period. Finally, Value Partners Investments Inc. increased its position in Honeywell International by 8.8% during the third quarter. Value Partners Investments Inc. now owns 3,544 shares of the conglomerate’s stock valued at $733,000 after acquiring an additional 286 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HON shares. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Barclays boosted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. UBS Group restated a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, Wells Fargo & Company lowered their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Trading Up 0.3 %

Honeywell International stock opened at $224.47 on Tuesday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm’s 50 day moving average price is $225.91 and its 200-day moving average price is $215.08. 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 stock has a market cap of $145.96 billion, a P/E ratio of 25.88, a PEG ratio of 2.57 and a beta of 1.05.

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.