1,781 Shares in Honeywell International Inc. (NASDAQ:HON) Purchased by Spring Capital Management LLC

Spring Capital Management LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,781 shares of the conglomerate’s stock, valued at approximately $402,000.

Other large investors have also added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. grew its holdings in shares of 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 last quarter. Planning Capital Management Corp increased its stake 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 valued at $34,000 after buying an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP bought a new position in Honeywell International in the 3rd quarter valued at approximately $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on HON. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Citigroup lowered their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Stock Performance

Shares of HON opened at $222.58 on Friday. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The company has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The stock has a 50 day moving average of $227.00 and a 200 day moving average of $214.36. 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 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.