Catalyst Financial Partners LLC Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Catalyst Financial Partners LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,326 shares of the conglomerate’s stock after purchasing an additional 53 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Honeywell International were worth $751,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Exchange Traded Concepts LLC raised its stake in shares of Honeywell International by 112.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 4,711 shares of the conglomerate’s stock valued at $974,000 after acquiring an additional 2,490 shares during the period. Wedge Capital Management L L P NC increased its holdings in Honeywell International by 4.5% in the 3rd quarter. Wedge Capital Management L L P NC now owns 1,226 shares of the conglomerate’s stock valued at $253,000 after purchasing an additional 53 shares during the last quarter. Creative Planning raised its position in Honeywell International by 6.2% in the third quarter. Creative Planning now owns 230,532 shares of the conglomerate’s stock valued at $47,653,000 after purchasing an additional 13,420 shares during the period. Vontobel Holding Ltd. lifted its stake in Honeywell International by 15.6% during the third quarter. Vontobel Holding Ltd. now owns 20,313 shares of the conglomerate’s stock worth $4,199,000 after purchasing an additional 2,742 shares in the last quarter. Finally, Wolff Wiese Magana LLC boosted its position in shares of Honeywell International by 30.0% during the third quarter. Wolff Wiese Magana LLC now owns 663 shares of the conglomerate’s stock worth $137,000 after buying an additional 153 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Up 0.1 %

Shares of NASDAQ HON opened at $205.27 on Friday. The business has a 50-day moving average of $223.20 and a two-hundred day moving average of $215.11. The company has a market capitalization of $133.48 billion, a price-to-earnings ratio of 23.57, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. 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 posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. On average, analysts forecast that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated 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 directly owns 41,580 shares of the company’s stock, valued at approximately $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HON shares. JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Bank of America boosted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. UBS Group reissued a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Barclays decreased their price target 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 analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $248.71.

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.