Pure Financial Advisors LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Pure Financial Advisors LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 15.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,517 shares of the conglomerate’s stock after buying an additional 853 shares during the quarter. Pure Financial Advisors LLC’s holdings in Honeywell International were worth $1,472,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter worth about $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the 4th quarter worth about $30,000. Financial Avengers Inc. boosted its holdings in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $222.58 on Tuesday. The business has a 50-day moving average price of $227.06 and a 200-day moving average price of $214.47. The firm has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Analyst Ratings Changes

Several brokerages recently issued reports on HON. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday, December 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Finally, Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus target price of $248.29.

About Honeywell International

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.