Brown Lisle Cummings Inc. Has $3.21 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Brown Lisle Cummings Inc. increased its stake in Honeywell International Inc. (NASDAQ:HON) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,205 shares of the conglomerate’s stock after purchasing an additional 255 shares during the period. Honeywell International makes up 1.0% of Brown Lisle Cummings Inc.’s holdings, making the stock its 25th biggest holding. Brown Lisle Cummings Inc.’s holdings in Honeywell International were worth $3,209,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the third quarter valued at about $25,000. Hoese & Co LLP bought a new stake in shares of Honeywell International during the 4th quarter valued at approximately $30,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Financial Avengers Inc. lifted its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.6 %

HON opened at $222.41 on Tuesday. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The firm has a market capitalization of $144.62 billion, a PE ratio of 25.68, a P/E/G ratio of 2.57 and a beta of 1.05. 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 company’s 50-day moving average is $225.91 and its 200 day moving average is $215.08.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HON. Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Finally, Citigroup lowered their target price 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. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target 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.