Honeywell International Inc. (NASDAQ:HON) Shares Sold by BDF Gestion

BDF Gestion lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 11.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,111 shares of the conglomerate’s stock after selling 1,704 shares during the period. BDF Gestion’s holdings in Honeywell International were worth $2,962,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. lifted its stake in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after purchasing an additional 47 shares during the last quarter. Magnus Financial Group LLC lifted its position in Honeywell International by 0.5% during the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock worth $2,019,000 after acquiring an additional 48 shares during the last quarter. Absher Wealth Management LLC lifted its position in Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after acquiring an additional 49 shares during the last quarter. Bill Few Associates Inc. lifted its position in Honeywell International by 0.3% during the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock worth $3,524,000 after acquiring an additional 49 shares during the last quarter. Finally, ZRC Wealth Management LLC lifted its position in Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $221.05 on Thursday. 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 stock has a market capitalization of $143.74 billion, a price-to-earnings ratio of 25.53, a P/E/G ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm’s 50-day moving average price is $226.17 and its two-hundred day moving average price is $214.98.

Wall Street Analyst Weigh In

HON has been the subject of a number of research analyst reports. The Goldman Sachs Group boosted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. JPMorgan Chase & Co. cut their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Eleven investment 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. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $248.29.

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.