Brave Asset Management Inc. Sells 300 Shares of Honeywell International Inc. (NASDAQ:HON)

Brave Asset Management Inc. reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,095 shares of the conglomerate’s stock after selling 300 shares during the period. Brave Asset Management Inc.’s holdings in Honeywell International were worth $925,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. lifted its position in Honeywell International by 48.1% in the third 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 last quarter. Planning Capital Management Corp grew its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International during the 3rd quarter valued at $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

NASDAQ HON opened at $219.54 on Thursday. The company has a fifty day moving average of $226.83 and a two-hundred day moving average of $214.27. The company has a market capitalization of $142.76 billion, a PE ratio of 25.35, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HON. JPMorgan Chase & Co. dropped their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday. Bank of America increased their price objective 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 reiterated 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. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group upped their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Eleven equities 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $247.93.

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.