Kathmere Capital Management LLC Acquires 620 Shares of Honeywell International Inc. (NASDAQ:HON)

Kathmere Capital Management LLC grew its stake in Honeywell International Inc. (NASDAQ:HON) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,492 shares of the conglomerate’s stock after buying an additional 620 shares during the period. Kathmere Capital Management LLC’s holdings in Honeywell International were worth $1,918,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brown Brothers Harriman & Co. raised its stake in Honeywell International by 4.3% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 18,463 shares of the conglomerate’s stock worth $3,943,000 after buying an additional 760 shares during the period. One Capital Management LLC lifted its holdings in shares of Honeywell International by 358.1% during the 2nd quarter. One Capital Management LLC now owns 5,745 shares of the conglomerate’s stock valued at $1,227,000 after purchasing an additional 4,491 shares in the last quarter. Mesirow Financial Investment Management Inc. boosted its holdings in shares of Honeywell International by 8.5% in the second quarter. Mesirow Financial Investment Management Inc. now owns 21,282 shares of the conglomerate’s stock valued at $4,546,000 after buying an additional 1,674 shares during the period. Wulff Hansen & CO. grew its holdings in shares of Honeywell International by 2,035.4% in the 2nd quarter. Wulff Hansen & CO. now owns 44,309 shares of the conglomerate’s stock valued at $9,462,000 after acquiring an additional 42,234 shares in the last quarter. Finally, Luts & Greenleigh Group Inc. acquired a new stake in shares of Honeywell International in the second quarter valued at about $286,000. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Citigroup cut their price target 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. JPMorgan Chase & Co. lowered their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Wells Fargo & Company reduced their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.07.

Honeywell International Trading Down 0.3 %

Shares of NASDAQ:HON opened at $218.50 on Wednesday. The business’s 50 day simple moving average is $226.83 and its 200 day simple moving average is $214.27. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. 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 has a market capitalization of $142.08 billion, a P/E ratio of 25.23, a P/E/G ratio of 2.85 and a beta of 1.06.

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.