Honeywell International Inc. (NASDAQ:HON) Shares Bought by IAM Advisory LLC

IAM Advisory LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.8% during the 4th quarter, Holdings Channel reports. The firm owned 10,143 shares of the conglomerate’s stock after purchasing an additional 179 shares during the period. Honeywell International comprises 0.6% of IAM Advisory LLC’s investment portfolio, making the stock its 28th largest position. IAM Advisory LLC’s holdings in Honeywell International were worth $2,291,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the third quarter valued at approximately $29,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp grew its position in 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 buying an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in shares of Honeywell International in the third quarter valued at $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Shares of NASDAQ:HON opened at $222.58 on Friday. The company has a market cap of $144.73 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The stock’s 50-day moving average is $227.06 and its 200-day moving average is $214.44. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HON shares. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research note on Wednesday, December 11th. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group lifted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $248.29.

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.