Slow Capital Inc. Has $4.31 Million Stake in Honeywell International Inc. (NASDAQ:HON)

Slow Capital Inc. reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 48.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,072 shares of the conglomerate’s stock after selling 17,713 shares during the quarter. Slow Capital Inc.’s holdings in Honeywell International were worth $4,308,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA grew its position in Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after buying an additional 2,611 shares in the last quarter. RIA Advisory Group LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International during the third quarter valued at approximately $454,000. EP Wealth Advisors LLC raised its stake in shares of Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Finally, Toth Financial Advisory Corp lifted its position in Honeywell International by 11.2% in the fourth quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after purchasing an additional 1,859 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of HON opened at $225.77 on Tuesday. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. 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 has a market cap of $146.80 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The firm has a 50-day moving average of $226.38 and a 200-day moving average of $214.86.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Barclays increased their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Jefferies Financial Group upped their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. JPMorgan Chase & Co. cut their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Finally, Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $248.29.

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.