Hoese & Co LLP Invests $30,000 in Honeywell International Inc. (NASDAQ:HON)

Hoese & Co LLP bought a new stake in Honeywell International Inc. (NASDAQ:HON) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 131 shares of the conglomerate’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HON. Frank Rimerman Advisors LLC grew its position in Honeywell International by 11,200.0% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate’s stock worth $1,303,000 after purchasing an additional 6,048 shares during the period. Mount Yale Investment Advisors LLC boosted its stake in shares of Honeywell International by 264.7% in the second quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock worth $998,000 after buying an additional 3,391 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Honeywell International by 30.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,190 shares of the conglomerate’s stock worth $653,000 after acquiring an additional 742 shares during the period. DRW Securities LLC purchased a new position in Honeywell International during the second quarter valued at approximately $874,000. Finally, J. Stern & Co. LLP lifted its holdings in Honeywell International by 13.3% in the second quarter. J. Stern & Co. LLP now owns 198,155 shares of the conglomerate’s stock valued at $42,314,000 after acquiring an additional 23,209 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HON shares. Wells Fargo & Company cut their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. decreased their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Barclays raised their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday. UBS Group reiterated a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Citigroup cut their price objective 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. Eleven investment 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Trading Down 0.0 %

HON opened at $222.58 on Tuesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company’s 50 day simple moving average is $227.06 and its two-hundred day simple moving average is $214.47. The firm has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

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.