Yousif Capital Management LLC Reduces Holdings in Honeywell International Inc. (NASDAQ:HON)

Yousif Capital Management LLC decreased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 81,897 shares of the conglomerate’s stock after selling 2,946 shares during the period. Yousif Capital Management LLC’s holdings in Honeywell International were worth $18,500,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Czech National Bank increased its position in shares of Honeywell International by 6.9% in the 3rd quarter. Czech National Bank now owns 132,653 shares of the conglomerate’s stock worth $27,421,000 after purchasing an additional 8,563 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Honeywell International by 35.6% in the 3rd quarter. GAMMA Investing LLC now owns 5,703 shares of the conglomerate’s stock worth $1,179,000 after purchasing an additional 1,496 shares during the last quarter. Diversified Trust Co grew its position in shares of Honeywell International by 6.8% during the 3rd quarter. Diversified Trust Co now owns 14,463 shares of the conglomerate’s stock valued at $2,990,000 after buying an additional 915 shares during the last quarter. Greenfield Savings Bank grew its position in shares of Honeywell International by 12.6% during the 3rd quarter. Greenfield Savings Bank now owns 6,723 shares of the conglomerate’s stock valued at $1,390,000 after buying an additional 750 shares during the last quarter. Finally, Aprio Wealth Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter valued at about $227,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON stock opened at $223.55 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $145.36 billion, a price-to-earnings ratio of 25.81, a P/E/G ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The firm has a 50 day moving average of $225.75 and a two-hundred day moving average of $215.12.

Analyst Ratings Changes

A number of research firms have issued reports on HON. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. The Goldman Sachs Group upped their price target 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. Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $248.29.

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.