Sax Wealth Advisors LLC Has $577,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Sax Wealth Advisors LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 74.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,556 shares of the conglomerate’s stock after acquiring an additional 1,093 shares during the period. Sax Wealth Advisors LLC’s holdings in Honeywell International were worth $577,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of HON. Wellington Management Group LLP boosted its position in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares during the last quarter. Geode Capital Management LLC grew its position in Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Honeywell International by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after buying an additional 310,807 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on HON. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Citigroup decreased their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Barclays upped their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

Shares of NASDAQ: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 current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The stock has a market cap of $144.73 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a 50 day moving average of $227.06 and a 200 day moving average of $214.44.

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.