Honeywell International Inc. (NASDAQ:HON) Shares Sold by Chesapeake Wealth Management

Chesapeake Wealth Management decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 16.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,532 shares of the conglomerate’s stock after selling 310 shares during the period. Chesapeake Wealth Management’s holdings in Honeywell International were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Ballentine Partners LLC grew its position in Honeywell International by 3.3% in the 4th quarter. Ballentine Partners LLC now owns 23,593 shares of the conglomerate’s stock valued at $5,329,000 after acquiring an additional 756 shares in the last quarter. ZWJ Investment Counsel Inc. lifted its stake in Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after buying an additional 47 shares during the last quarter. Pure Financial Advisors LLC increased its holdings in shares of Honeywell International by 15.1% in the fourth quarter. Pure Financial Advisors LLC now owns 6,517 shares of the conglomerate’s stock valued at $1,472,000 after purchasing an additional 853 shares during the period. New Hampshire Trust increased its holdings in shares of Honeywell International by 1.2% in the fourth quarter. New Hampshire Trust now owns 15,086 shares of the conglomerate’s stock valued at $3,408,000 after purchasing an additional 179 shares during the period. Finally, CMH Wealth Management LLC grew its holdings in Honeywell International by 1.7% during the fourth quarter. CMH Wealth Management LLC now owns 30,044 shares of the conglomerate’s stock worth $6,787,000 after acquiring an additional 494 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Shares of NASDAQ:HON opened at $222.58 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The business has a 50 day moving average of $227.06 and a 200-day moving average of $214.47. The stock has a market cap of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of analyst reports. Wells Fargo & Company decreased their price objective 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. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Citigroup dropped their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Barclays lifted their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday. 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’s stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average 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.