Arkadios Wealth Advisors Has $1.26 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Arkadios Wealth Advisors lowered its stake in Honeywell International Inc. (NASDAQ:HON) by 12.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,568 shares of the conglomerate’s stock after selling 763 shares during the quarter. Arkadios Wealth Advisors’ holdings in Honeywell International were worth $1,258,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. increased its holdings in Honeywell International by 17.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock worth $4,009,000 after buying an additional 2,734 shares during the last quarter. Sei Investments Co. increased its stake in shares of Honeywell International by 12.3% during the 2nd quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock worth $87,114,000 after purchasing an additional 44,644 shares during the last quarter. Legacy Financial Advisors Inc. lifted its stake in Honeywell International by 3.6% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,108 shares of the conglomerate’s stock valued at $664,000 after purchasing an additional 108 shares during the last quarter. Frank Rimerman Advisors LLC grew its holdings in Honeywell International by 11,200.0% during the second quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate’s stock worth $1,303,000 after purchasing an additional 6,048 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its position in Honeywell International by 264.7% during the second quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock worth $998,000 after buying an additional 3,391 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of NASDAQ:HON opened at $222.58 on Monday. The company’s 50 day simple moving average is $227.06 and its 200 day simple moving average is $214.45. 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 1 year low of $189.66 and a 1 year high of $242.77. The stock 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.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HON shares. Bank of America boosted their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Citigroup dropped their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, Wells Fargo & Company decreased 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. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.