Honeywell International Inc. (NASDAQ:HON) Holdings Decreased by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 71.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,291 shares of the conglomerate’s stock after selling 3,187 shares during the period. Sterling Investment Counsel LLC’s holdings in Honeywell International were worth $292,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the 3rd quarter valued at $25,000. Hoese & Co LLP acquired a new position in Honeywell International during the fourth quarter valued at $30,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter worth about $29,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during the period. Finally, Planning Capital Management Corp grew its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $225.77 on Tuesday. The firm has a market capitalization of $146.80 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm has a 50-day moving average price of $226.38 and a 200 day moving average price of $214.86.

Analysts Set New Price Targets

HON has been the subject of a number of research reports. Barclays lifted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. dropped their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, The Goldman Sachs Group lifted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven 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. According to MarketBeat, Honeywell International presently 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.