Money Concepts Capital Corp Acquires 318 Shares of Honeywell International Inc. (NASDAQ:HON)

Money Concepts Capital Corp lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,783 shares of the conglomerate’s stock after purchasing an additional 318 shares during the period. Money Concepts Capital Corp’s holdings in Honeywell International were worth $1,984,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in HON. Czech National Bank increased its stake in shares of Honeywell International by 6.9% in the third quarter. Czech National Bank now owns 132,653 shares of the conglomerate’s stock worth $27,421,000 after buying an additional 8,563 shares during the period. Aprio Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at about $227,000. Axiom Advisory LLC bought a new position in shares of Honeywell International during the third quarter valued at about $233,000. Dynamic Advisor Solutions LLC boosted its holdings in shares of Honeywell International by 0.4% during the third quarter. Dynamic Advisor Solutions LLC now owns 26,709 shares of the conglomerate’s stock worth $5,521,000 after purchasing an additional 95 shares during the period. Finally, Reliant Investment Management LLC grew its stake in shares of Honeywell International by 29.2% in the third quarter. Reliant Investment Management LLC now owns 1,327 shares of the conglomerate’s stock worth $274,000 after purchasing an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.5 %

Shares of NASDAQ:HON opened at $222.35 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The stock has a fifty day simple moving average of $225.61 and a two-hundred day simple moving average of $215.18. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The stock has a market capitalization of $144.58 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.57 and a beta of 1.05.

Analyst Ratings Changes

HON has been the subject of several research analyst reports. Citigroup dropped their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. UBS Group reaffirmed a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Eleven research 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target 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.