Laurel Wealth Advisors LLC Acquires 70 Shares of Honeywell International Inc. (NASDAQ:HON)

Laurel Wealth Advisors LLC lifted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% during the 4th quarter, Holdings Channel reports. The firm owned 15,906 shares of the conglomerate’s stock after purchasing an additional 70 shares during the period. Laurel Wealth Advisors LLC’s holdings in Honeywell International were worth $3,593,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

HON has been the subject of several research analyst reports. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. JPMorgan Chase & Co. cut their target price on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Barclays dropped their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven investment 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $248.07.

Honeywell International Stock Down 0.3 %

Honeywell International stock opened at $218.50 on Wednesday. The firm has a 50 day moving average price of $226.83 and a two-hundred day moving average price of $214.27. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The firm has a market cap of $142.08 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 2.85 and a beta of 1.06.

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.