TABR Capital Management LLC Purchases New Holdings in Honeywell International Inc. (NASDAQ:HON)

TABR Capital Management LLC acquired a new position in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 915 shares of the conglomerate’s stock, valued at approximately $207,000. Honeywell International accounts for approximately 0.2% of TABR Capital Management LLC’s investment portfolio, making the stock its 28th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Brighton Jones LLC boosted its holdings in Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares in the last quarter. Montecito Bank & Trust boosted its stake in Honeywell International by 2.5% in the 4th quarter. Montecito Bank & Trust now owns 4,918 shares of the conglomerate’s stock worth $1,111,000 after purchasing an additional 120 shares in the last quarter. Cerro Pacific Wealth Advisors LLC grew its position in Honeywell International by 0.6% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 11,691 shares of the conglomerate’s stock valued at $2,417,000 after purchasing an additional 73 shares during the last quarter. Spinnaker Investment Group LLC bought a new stake in Honeywell International during the 4th quarter valued at about $701,000. Finally, Key Client Fiduciary Advisors LLC raised its holdings in Honeywell International by 9.8% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 1,125 shares of the conglomerate’s stock worth $254,000 after buying an additional 100 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

HON has been the topic of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. UBS Group reissued a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Citigroup lowered their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Finally, Barclays raised their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Eleven investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

NASDAQ:HON opened at $225.66 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a 50-day simple moving average of $226.63 and a two-hundred day simple moving average of $214.69. The firm has a market capitalization of $146.73 billion, a PE ratio of 26.06, a P/E/G ratio of 2.58 and a beta of 1.06. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.

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.