Courier Capital LLC Sells 1,568 Shares of Honeywell International Inc. (NASDAQ:HON)

Courier Capital LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 18.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,850 shares of the conglomerate’s stock after selling 1,568 shares during the period. Courier Capital LLC’s holdings in Honeywell International were worth $1,547,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International during the third quarter valued at $25,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter valued at about $29,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp grew its stake in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International during the third quarter worth approximately $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HON shares. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Barclays decreased their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Finally, Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $248.07.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $219.10 on Tuesday. 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 business’s 50 day moving average price is $226.63 and its two-hundred day moving average price is $214.23. The company has a market cap of $142.47 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.

Honeywell International Company 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.