Aaron Wealth Advisors LLC Grows Stock Position in Honeywell International Inc. (NASDAQ:HON)

Aaron Wealth Advisors LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 17.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,647 shares of the conglomerate’s stock after purchasing an additional 391 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Honeywell International were worth $598,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the 3rd quarter worth about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter valued at $29,000. Financial Avengers Inc. boosted its stake in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Planning Capital Management Corp lifted its position in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International during the third quarter worth $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $222.58 on Monday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. 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. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm’s fifty day moving average price is $227.06 and its 200 day moving average price is $214.45.

Analyst Ratings Changes

A number of brokerages have weighed in on HON. Barclays lifted their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, The Goldman Sachs Group raised their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Eleven research 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’s stock. According to data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Company 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.