Honeywell International Inc. (NASDAQ:HON) Shares Bought by Invesco LLC

Invesco LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 17.1% during the fourth quarter, HoldingsChannel reports. The fund owned 3,746 shares of the conglomerate’s stock after acquiring an additional 546 shares during the quarter. Invesco LLC’s holdings in Honeywell International were worth $846,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in HON. Sunbelt Securities Inc. boosted its holdings in Honeywell International by 2.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 6,122 shares of the conglomerate’s stock worth $1,307,000 after acquiring an additional 144 shares during the period. Quarry LP lifted its stake in Honeywell International by 906.0% in the second quarter. Quarry LP now owns 674 shares of the conglomerate’s stock valued at $144,000 after buying an additional 607 shares during the last quarter. Next Capital Management LLC boosted its position in shares of Honeywell International by 10.9% during the second quarter. Next Capital Management LLC now owns 1,188 shares of the conglomerate’s stock worth $254,000 after buying an additional 117 shares during the period. Regency Capital Management Inc. DE bought a new stake in shares of Honeywell International during the second quarter valued at about $3,764,000. Finally, 3Chopt Investment Partners LLC bought a new position in shares of Honeywell International in the second quarter valued at approximately $628,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HON. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Honeywell International presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Trading Up 0.8 %

NASDAQ:HON traded up $1.80 during trading hours on Wednesday, hitting $222.50. 174,171 shares of the company were exchanged, compared to its average volume of 3,560,150. The stock has a market capitalization of $144.68 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a fifty day simple moving average of $226.17 and a 200 day simple moving average of $214.98. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

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.