Transform Wealth LLC Buys 5,103 Shares of Honeywell International Inc. (NASDAQ:HON)

Transform Wealth LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 8.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,461 shares of the conglomerate’s stock after purchasing an additional 5,103 shares during the period. Transform Wealth LLC’s holdings in Honeywell International were worth $14,561,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International during the 3rd quarter valued at $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth about $29,000. Hoese & Co LLP purchased a new stake in Honeywell International in the fourth quarter worth about $30,000. Financial Avengers Inc. lifted 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 valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HON has been the subject of a number of recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Bank of America raised their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group upped their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Honeywell International currently 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 Tuesday. The firm’s 50 day moving average price is $227.00 and its 200-day moving average price is $214.54. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $144.73 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.

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.