Kwmg LLC Grows Position in Honeywell International Inc. (NASDAQ:HON)

Kwmg LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 135.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,967 shares of the conglomerate’s stock after acquiring an additional 2,280 shares during the period. Kwmg LLC’s holdings in Honeywell International were worth $896,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC increased its position in shares of Honeywell International by 36.7% during the second quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock worth $1,252,000 after purchasing an additional 1,575 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Honeywell International in the 2nd quarter valued at about $121,000. Envestnet Asset Management Inc. boosted its holdings in shares of Honeywell International by 7.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,057,508 shares of the conglomerate’s stock worth $225,820,000 after purchasing an additional 71,378 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of Honeywell International by 25.8% in the second quarter. J.W. Cole Advisors Inc. now owns 15,100 shares of the conglomerate’s stock valued at $3,224,000 after purchasing an additional 3,093 shares during the last quarter. Finally, Lyell Wealth Management LP lifted its position in Honeywell International by 1.4% during the second quarter. Lyell Wealth Management LP now owns 48,936 shares of the conglomerate’s stock worth $10,450,000 after buying an additional 670 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Up 0.4 %

NASDAQ:HON traded up $0.91 during mid-day trading on Monday, hitting $219.10. The stock had a trading volume of 5,350,832 shares, compared to its average volume of 3,167,554. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The stock has a 50-day simple moving average of $226.40 and a two-hundred day simple moving average of $214.20. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $142.47 billion, a PE ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06.

Analyst Ratings Changes

A number of analysts have issued reports on HON shares. Barclays cut their target price on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Jefferies Financial Group lifted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Eleven research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $248.07.

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.