Grandview Asset Management LLC Invests $1.02 Million in Honeywell International Inc. (NASDAQ:HON)

Grandview Asset Management LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, Holdings Channel reports. The firm purchased 4,500 shares of the conglomerate’s stock, valued at approximately $1,016,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HON. Absher Wealth Management LLC grew its position in shares of 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 buying an additional 49 shares in the last quarter. ZRC Wealth Management LLC grew its holdings 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 in the last quarter. CFM Wealth Partners LLC increased its position in Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock valued at $264,000 after purchasing an additional 50 shares during the period. Jacobsen Capital Management raised its holdings in shares of Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after purchasing an additional 50 shares in the last quarter. Finally, Mengis Capital Management Inc. lifted its position in shares of Honeywell International by 0.4% in the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock worth $2,517,000 after purchasing an additional 50 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.4 %

Honeywell International stock opened at $219.10 on Tuesday. The business’s 50-day simple moving average is $226.63 and its two-hundred day simple moving average is $214.23. 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 company has a market cap of $142.47 billion, a PE ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Wall Street Analysts Forecast Growth

HON has been the topic of several research reports. Jefferies Financial Group lifted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Bank of America upped their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Wells Fargo & Company cut their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Honeywell International currently has an average rating of “Hold” and an average price target of $248.07.

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.