Honeywell International Inc. (NASDAQ:HON) Shares Acquired by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. grew its position in Honeywell International Inc. (NASDAQ:HON) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,448 shares of the conglomerate’s stock after purchasing an additional 47 shares during the period. ZWJ Investment Counsel Inc.’s holdings in Honeywell International were worth $327,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Pure Financial Advisors LLC increased its holdings in shares of Honeywell International by 15.1% in the fourth quarter. Pure Financial Advisors LLC now owns 6,517 shares of the conglomerate’s stock valued at $1,472,000 after purchasing an additional 853 shares during the period. New Hampshire Trust increased its holdings in shares of Honeywell International by 1.2% in the fourth quarter. New Hampshire Trust now owns 15,086 shares of the conglomerate’s stock valued at $3,408,000 after purchasing an additional 179 shares during the period. CMH Wealth Management LLC increased its holdings in shares of Honeywell International by 1.7% in the fourth quarter. CMH Wealth Management LLC now owns 30,044 shares of the conglomerate’s stock valued at $6,787,000 after purchasing an additional 494 shares during the period. Hoese & Co LLP acquired a new position in shares of Honeywell International in the fourth quarter valued at about $30,000. Finally, LaFleur & Godfrey LLC increased its holdings in shares of Honeywell International by 40.7% in the fourth quarter. LaFleur & Godfrey LLC now owns 42,277 shares of the conglomerate’s stock valued at $9,550,000 after purchasing an additional 12,227 shares during the period. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HON. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a report on Wednesday, December 11th. Jefferies Financial Group upped their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Citigroup lowered their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Bank of America upped their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $225.07 on Wednesday. The business has a 50 day simple moving average of $227.00 and a two-hundred day simple moving average of $214.54. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market capitalization of $146.35 billion, a P/E ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

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.