Avitas Wealth Management LLC Has $5 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

Avitas Wealth Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,141 shares of the conglomerate’s stock after acquiring an additional 144 shares during the quarter. Avitas Wealth Management LLC’s holdings in Honeywell International were worth $5,001,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Baldwin Wealth Partners LLC MA grew its position in Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after purchasing an additional 2,611 shares in the last quarter. Costello Asset Management INC purchased a new position in shares of Honeywell International during the 4th quarter valued at $3,092,000. RIA Advisory Group LLC acquired a new position in shares of Honeywell International in the third quarter worth $6,124,000. Copley Financial Group Inc. acquired a new position in shares of Honeywell International in the third quarter worth $454,000. Finally, Toth Financial Advisory Corp increased its stake in shares of Honeywell International by 11.2% in the fourth quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after acquiring an additional 1,859 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.5 %

HON stock opened at $223.55 on Wednesday. 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 52-week low of $189.75 and a 52-week high of $242.77. The company has a 50-day moving average of $225.75 and a two-hundred day moving average of $215.12. The stock has a market capitalization of $145.36 billion, a price-to-earnings ratio of 25.81, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Bank of America upped their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company 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.