Hixon Zuercher LLC Boosts Holdings in Honeywell International Inc. (NASDAQ:HON)

Hixon Zuercher LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,257 shares of the conglomerate’s stock after buying an additional 121 shares during the quarter. Honeywell International accounts for about 2.1% of Hixon Zuercher LLC’s investment portfolio, making the stock its 18th largest position. Hixon Zuercher LLC’s holdings in Honeywell International were worth $5,479,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in HON. Crews Bank & Trust purchased a new position in Honeywell International during the fourth quarter valued at approximately $1,850,000. Capital Investment Advisory Services LLC lifted its holdings in Honeywell International by 1.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 7,059 shares of the conglomerate’s stock valued at $1,595,000 after purchasing an additional 130 shares in the last quarter. OLD Second National Bank of Aurora raised its position in shares of Honeywell International by 20.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 10,559 shares of the conglomerate’s stock valued at $2,385,000 after buying an additional 1,797 shares during the last quarter. Palmer Knight Co raised its position in shares of Honeywell International by 1.0% during the fourth quarter. Palmer Knight Co now owns 36,771 shares of the conglomerate’s stock valued at $8,306,000 after buying an additional 364 shares during the last quarter. Finally, OLD National Bancorp IN raised its position in shares of Honeywell International by 0.3% during the fourth quarter. OLD National Bancorp IN now owns 24,015 shares of the conglomerate’s stock valued at $5,425,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 1.4 %

NASDAQ HON opened at $224.06 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a fifty day moving average of $226.05 and a two-hundred day moving average of $215.02. The firm has a market capitalization of $145.70 billion, a price-to-earnings ratio of 25.87, a PEG ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. 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 research report on Tuesday, December 17th. Bank of America lifted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Finally, Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International 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.