RMR Wealth Builders Sells 140 Shares of Honeywell International Inc. (NASDAQ:HON)

RMR Wealth Builders lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,731 shares of the conglomerate’s stock after selling 140 shares during the period. RMR Wealth Builders’ holdings in Honeywell International were worth $1,746,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in HON. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International in the 3rd quarter valued at $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. lifted its position 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 purchasing an additional 50 shares during the period. Planning Capital Management Corp grew its stake in Honeywell International by 96.4% during 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 in the last quarter. Finally, Western Pacific Wealth Management LP bought a new stake in Honeywell International during the third quarter worth $41,000. 75.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on HON shares. UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. JPMorgan Chase & Co. cut their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Citigroup lifted their price target on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Finally, The Goldman Sachs Group upped their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $248.21.

Honeywell International Stock Performance

Honeywell International stock traded down $1.98 during trading on Friday, reaching $218.19. The company had a trading volume of 3,584,981 shares, compared to its average volume of 3,012,544. The firm’s 50-day simple moving average is $226.22 and its 200 day simple moving average is $214.18. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The firm has a market capitalization of $141.88 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

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.