Barlow Wealth Partners Inc. Decreases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Barlow Wealth Partners Inc. reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 29.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,749 shares of the conglomerate’s stock after selling 1,145 shares during the quarter. Barlow Wealth Partners Inc.’s holdings in Honeywell International were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the third quarter valued at $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth about $29,000. Hoese & Co LLP purchased a new stake in shares of Honeywell International during the fourth quarter worth about $30,000. Financial Avengers Inc. raised its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp lifted its stake in shares of Honeywell International by 96.4% during 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. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Up 1.1 %

Shares of HON opened at $225.07 on Wednesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market cap of $146.35 billion, a PE ratio of 25.99, a P/E/G ratio of 2.55 and a beta of 1.06. The stock’s 50-day moving average is $227.00 and its two-hundred day moving average is $214.54.

Analysts Set New Price Targets

Several research analysts have weighed in on HON shares. Robert W. Baird downgraded 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. Jefferies Financial Group increased their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Bank of America lifted their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Barclays increased their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Finally, 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 report on Monday, January 13th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and an average target price 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.