Capital Advisors Inc. OK Sells 2,292 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Advisors Inc. OK lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262,323 shares of the conglomerate’s stock after selling 2,292 shares during the quarter. Honeywell International makes up approximately 1.2% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 24th largest position. Capital Advisors Inc. OK’s holdings in Honeywell International were worth $59,256,000 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 acquired a new stake in Honeywell International during the 3rd quarter valued at approximately $25,000. Hoese & Co LLP acquired a new stake in Honeywell International during the 4th quarter valued at approximately $30,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter valued at approximately $29,000. Financial Avengers Inc. increased its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its position in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the subject of several recent analyst reports. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Finally, Barclays reduced their price objective on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday. Ten investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $248.71.

Insider Transactions at Honeywell International

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $207.89, for a total value of $6,004,902.65. Following the completion of the sale, the vice president now owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.41% of the stock is owned by insiders.

Honeywell International Trading Down 0.8 %

Shares of Honeywell International stock opened at $206.94 on Wednesday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The stock’s 50-day simple moving average is $224.09 and its 200 day simple moving average is $215.15. The stock has a market capitalization of $134.56 billion, a P/E ratio of 23.76, a P/E/G ratio of 2.55 and a beta of 1.05. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating 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%. As a group, research analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current year.

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.