Phillips Wealth Planners LLC Buys 117 Shares of Honeywell International Inc. (NASDAQ:HON)

Phillips Wealth Planners LLC grew its stake in Honeywell International Inc. (NASDAQ:HON) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,169 shares of the conglomerate’s stock after purchasing an additional 117 shares during the period. Phillips Wealth Planners LLC’s holdings in Honeywell International were worth $691,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the third quarter worth approximately $25,000. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the fourth quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new stake in shares of Honeywell International in the third quarter worth approximately $29,000. Financial Avengers Inc. raised its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its holdings 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 buying an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 0.9 %

Shares of NASDAQ:HON opened at $223.09 on Thursday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The business’s fifty day simple moving average is $226.83 and its 200-day simple moving average is $214.63. The company has a market capitalization of $145.06 billion, a PE ratio of 25.76, a P/E/G ratio of 2.55 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Wells Fargo & Company reduced their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, JPMorgan Chase & Co. reduced 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. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Company 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.