DMC Group LLC Purchases 322 Shares of Honeywell International Inc. (NASDAQ:HON)

DMC Group LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,308 shares of the conglomerate’s stock after acquiring an additional 322 shares during the period. DMC Group LLC’s holdings in Honeywell International were worth $747,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International during the 3rd quarter worth $25,000. Hoese & Co LLP acquired a new stake in Honeywell International in the fourth quarter valued at about $30,000. Reston Wealth Management LLC bought a new position in Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. lifted its holdings in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its stake 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 valued at $34,000 after purchasing an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. dropped 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 note on Wednesday, January 15th. Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Wells Fargo & Company cut their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

HON stock opened at $221.05 on Thursday. 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 company’s fifty day simple moving average is $226.17 and its 200 day simple moving average is $214.98. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm has a market cap of $143.74 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 2.56 and a beta of 1.06.

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.