Resonant Capital Advisors LLC Purchases 191 Shares of Honeywell International Inc. (NASDAQ:HON)

Resonant Capital Advisors LLC boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,545 shares of the conglomerate’s stock after buying an additional 191 shares during the period. Resonant Capital Advisors LLC’s holdings in Honeywell International were worth $349,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. State Street Corp boosted its holdings in Honeywell International by 0.3% in the third quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock worth $6,413,570,000 after acquiring an additional 92,112 shares in the last quarter. Wellington Management Group LLP grew its position in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after buying an additional 547,998 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Honeywell International by 7.2% during the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock worth $822,458,000 after buying an additional 265,789 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Honeywell International by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate’s stock valued at $782,232,000 after buying an additional 42,287 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HON has been the subject of a number of research reports. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Citigroup decreased their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. cut their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Finally, 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. Eleven 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

HON opened at $222.41 on Tuesday. The company has a market cap of $144.62 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The firm’s fifty day simple moving average is $225.91 and its two-hundred day simple moving average is $215.08. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

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.