Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Shikiar Asset Management Inc.

Shikiar Asset Management Inc. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 2,562.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,933 shares of the conglomerate’s stock after buying an additional 38,433 shares during the quarter. Honeywell International accounts for about 2.4% of Shikiar Asset Management Inc.’s investment portfolio, making the stock its 12th largest holding. Shikiar Asset Management Inc.’s holdings in Honeywell International were worth $9,020,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC lifted its stake in Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares during the period. Geode Capital Management LLC increased its stake in Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of several research reports. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Wells Fargo & Company dropped their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. 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, the company currently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Down 0.0 %

HON stock opened at $222.58 on Friday. The firm’s 50-day moving average is $227.00 and its two-hundred day moving average is $214.36. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

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.