Cadinha & Co. LLC Takes $238,000 Position in Honeywell International Inc. (NASDAQ:HON)

Cadinha & Co. LLC bought a new stake in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,054 shares of the conglomerate’s stock, valued at approximately $238,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. RIA Advisory Group LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at approximately $6,124,000. Copley Financial Group Inc. acquired a new position in Honeywell International in the 3rd quarter valued at $454,000. EP Wealth Advisors LLC raised its position in Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after buying an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Honeywell International by 2.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after acquiring an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC boosted its holdings in shares of Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

HON opened at $222.58 on Friday. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company’s 50 day simple moving average is $227.06 and its 200 day simple moving average is $214.44. The stock has a market capitalization of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HON. Jefferies Financial Group raised their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, Bank of America increased their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. 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. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International 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.