Ballentine Partners LLC Acquires 756 Shares of Honeywell International Inc. (NASDAQ:HON)

Ballentine Partners LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,593 shares of the conglomerate’s stock after purchasing an additional 756 shares during the period. Ballentine Partners LLC’s holdings in Honeywell International were worth $5,329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. RIA Advisory Group LLC bought a new stake in shares of Honeywell International during the third quarter valued at approximately $6,124,000. Copley Financial Group Inc. acquired a new stake in shares of Honeywell International in the 3rd quarter valued at $454,000. EP Wealth Advisors LLC raised its position in shares of Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after acquiring an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after acquiring an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC boosted its holdings in Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on HON. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. HSBC raised 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. JPMorgan Chase & Co. decreased their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, UBS Group restated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Eleven research 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’s stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Down 0.0 %

NASDAQ:HON opened at $222.58 on Tuesday. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The firm has a market capitalization 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. 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 stock’s 50 day moving average price is $227.06 and its two-hundred day moving average price is $214.47.

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.