Westmount Partners LLC Purchases 122 Shares of Honeywell International Inc. (NASDAQ:HON)

Westmount Partners LLC lifted its position in Honeywell International Inc. (NASDAQ:HON) by 2.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,739 shares of the conglomerate’s stock after purchasing an additional 122 shares during the quarter. Westmount Partners LLC’s holdings in Honeywell International were worth $1,070,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Capital Wealth Planning LLC acquired a new stake in shares of Honeywell International during the second quarter worth $392,478,000. Wellington Management Group LLP raised its stake in Honeywell International by 8.4% in the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC raised its stake in Honeywell International by 24,683.3% in the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares in the last quarter. Mizuho Securities USA LLC raised its stake in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HON. The Goldman Sachs Group boosted their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. UBS Group reiterated a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Barclays dropped their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, 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 report on Tuesday, December 17th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $248.07.

Honeywell International Price Performance

NASDAQ HON traded up $8.64 during trading hours on Monday, hitting $226.83. The company had a trading volume of 1,177,365 shares, compared to its average volume of 2,719,687. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The firm has a 50 day simple moving average of $226.40 and a 200 day simple moving average of $214.20. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market capitalization of $147.50 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 2.85 and a beta of 1.06.

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.