Honeywell International Inc. (NASDAQ:HON) Shares Sold by Court Place Advisors LLC

Court Place Advisors LLC decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 29.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,193 shares of the conglomerate’s stock after selling 496 shares during the period. Court Place Advisors LLC’s holdings in Honeywell International were worth $269,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in HON. Ascent Group LLC boosted its position in shares of Honeywell International by 3.6% during the 2nd quarter. Ascent Group LLC now owns 9,381 shares of the conglomerate’s stock valued at $2,003,000 after purchasing an additional 322 shares in the last quarter. Creative Planning grew its position in Honeywell International by 3.1% in the second quarter. Creative Planning now owns 217,112 shares of the conglomerate’s stock worth $46,362,000 after buying an additional 6,443 shares during the last quarter. Silver Lake Advisory LLC bought a new position in shares of Honeywell International in the second quarter valued at $198,000. NewEdge Advisors LLC lifted its position in shares of Honeywell International by 30.5% during the 2nd quarter. NewEdge Advisors LLC now owns 76,142 shares of the conglomerate’s stock valued at $16,260,000 after acquiring an additional 17,809 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Honeywell International by 3.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 230,344 shares of the conglomerate’s stock worth $49,188,000 after acquiring an additional 7,603 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Up 1.9 %

HON opened at $225.77 on Tuesday. The company has a market capitalization of $146.80 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The business has a 50-day moving average of $226.38 and a 200-day moving average of $214.86.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. 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. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Finally, Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target 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.