Diversify Wealth Management LLC Grows Position in Honeywell International Inc. (NASDAQ:HON)

Diversify Wealth Management LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,374 shares of the conglomerate’s stock after purchasing an additional 557 shares during the quarter. Diversify Wealth Management LLC’s holdings in Honeywell International were worth $2,700,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in HON. Benjamin F. Edwards & Company Inc. increased its position in shares of Honeywell International by 17.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock worth $4,009,000 after acquiring an additional 2,734 shares in the last quarter. Sei Investments Co. increased its holdings in Honeywell International by 12.3% in the 2nd quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock valued at $87,114,000 after purchasing an additional 44,644 shares in the last quarter. Legacy Financial Advisors Inc. raised its position in Honeywell International by 3.6% in the second 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 period. Frank Rimerman Advisors LLC lifted its stake in shares of 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 in the last quarter. Finally, Mount Yale Investment Advisors LLC grew its stake in shares of Honeywell International by 264.7% in the second quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock valued at $998,000 after buying an additional 3,391 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Down 0.0 %

Shares of Honeywell International stock opened at $222.58 on Monday. The stock has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. 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 business’s 50 day simple moving average is $227.06 and its 200-day simple moving average is $214.45.

Analyst Ratings Changes

HON has been the subject of a number of analyst reports. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Jefferies Financial Group lifted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Bank of America upped their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Barclays lifted their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Eleven equities 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’s stock. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and a consensus price target 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.