Honeywell International Inc. (NASDAQ:HON) Shares Sold by Jacobs & Co. CA

Jacobs & Co. CA lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,233 shares of the conglomerate’s stock after selling 618 shares during the quarter. Honeywell International makes up about 1.5% of Jacobs & Co. CA’s investment portfolio, making the stock its 18th largest holding. Jacobs & Co. CA’s holdings in Honeywell International were worth $14,283,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth $29,000. Financial Avengers Inc. increased its holdings in shares of Honeywell International by 48.1% during the third 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 period. Planning Capital Management Corp lifted its holdings in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the 3rd quarter worth about $41,000. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HON. Barclays lowered their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. The Goldman Sachs Group upped their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Eleven 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $248.21.

Honeywell International Stock Performance

NASDAQ:HON traded down $1.25 during midday trading on Friday, reaching $218.92. The stock had a trading volume of 1,920,375 shares, compared to its average volume of 2,756,109. The stock has a market capitalization of $142.35 billion, a P/E ratio of 25.28, a PEG ratio of 2.85 and a beta of 1.06. 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 1-year low of $189.66 and a 1-year high of $242.77. The firm’s fifty day simple moving average is $226.22 and its 200-day simple moving average is $214.18.

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.