Rice Partnership LLC Decreases Holdings in Honeywell International Inc. (NASDAQ:HON)

Rice Partnership LLC lowered its position in Honeywell International Inc. (NASDAQ:HON) by 28.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,999 shares of the conglomerate’s stock after selling 812 shares during the quarter. Rice Partnership LLC’s holdings in Honeywell International were worth $451,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HON. Baldwin Wealth Partners LLC MA boosted its stake in Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after purchasing an additional 2,611 shares during the period. RIA Advisory Group LLC bought a new position in Honeywell International in the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. bought a new position in Honeywell International in the 3rd quarter worth about $454,000. Toth Financial Advisory Corp boosted its stake in Honeywell International by 11.2% in the 4th quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after purchasing an additional 1,859 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in Honeywell International by 2.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $223.72 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The business’s 50 day simple moving average is $225.91 and its two-hundred day simple moving average is $215.08. The stock has a market capitalization of $145.47 billion, a P/E ratio of 25.83, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Analyst Upgrades and Downgrades

HON has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Wells Fargo & Company dropped their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently 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.