Empirical Asset Management LLC Purchases 43,496 Shares of Honeywell International Inc. (NASDAQ:HON)

Empirical Asset Management LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 925.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,195 shares of the conglomerate’s stock after purchasing an additional 43,496 shares during the quarter. Empirical Asset Management LLC’s holdings in Honeywell International were worth $10,887,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. RIA Advisory Group LLC bought a new stake in shares of Honeywell International during the 3rd quarter worth $6,124,000. Copley Financial Group Inc. purchased a new stake in Honeywell International during the third quarter worth about $454,000. EP Wealth Advisors LLC raised its position in Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after acquiring an additional 14,271 shares during the period. Rockefeller Capital Management L.P. boosted its stake in Honeywell International by 2.0% in the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after acquiring an additional 12,755 shares during the last quarter. Finally, SteelPeak Wealth LLC grew its position in shares of Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on HON. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. The Goldman Sachs Group increased their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. UBS Group reiterated a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Eleven 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. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus price target of $247.93.

Honeywell International Trading Up 1.4 %

HON opened at $222.69 on Friday. The firm has a market capitalization of $144.80 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The business has a 50 day simple moving average of $226.89 and a two-hundred day simple moving average of $214.30. 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 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.