New Republic Capital LLC Purchases New Position in Honeywell International Inc. (NASDAQ:HON)

New Republic Capital LLC bought a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,016 shares of the conglomerate’s stock, valued at approximately $230,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Single Point Partners LLC bought a new position in shares of Honeywell International in the 4th quarter worth approximately $239,000. Stonebridge Financial Group LLC purchased a new stake in Honeywell International during the fourth quarter valued at approximately $534,000. Essex Financial Services Inc. boosted its stake in shares of Honeywell International by 12.4% during the 4th quarter. Essex Financial Services Inc. now owns 12,363 shares of the conglomerate’s stock worth $2,793,000 after acquiring an additional 1,360 shares during the last quarter. Violich Capital Management Inc. grew its position in shares of Honeywell International by 49.1% during the 4th quarter. Violich Capital Management Inc. now owns 64,481 shares of the conglomerate’s stock valued at $14,566,000 after acquiring an additional 21,235 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its stake in shares of Honeywell International by 5.6% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 2,378 shares of the conglomerate’s stock worth $537,000 after purchasing an additional 126 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $208.52 on Tuesday. Honeywell International Inc. has a 1-year low of $189.75 and a 1-year high of $242.77. The company’s 50-day moving average is $224.52 and its 200 day moving average is $215.11. The firm has a market capitalization of $135.59 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.31 and a quick ratio of 1.12.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Research analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HON shares. Royal Bank of Canada cut their price target on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday. Citigroup cut their price target 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. Wells Fargo & Company dropped their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a research note on Friday. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Finally, Bank of America raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.21.

Honeywell International 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.