Alpha Cubed Investments LLC Has $799,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Alpha Cubed Investments LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,539 shares of the conglomerate’s stock after selling 180 shares during the period. Alpha Cubed Investments LLC’s holdings in Honeywell International were worth $799,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. ZWJ Investment Counsel Inc. increased its stake in shares of Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after buying an additional 47 shares during the period. Absher Wealth Management LLC lifted its holdings in shares of Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after purchasing an additional 49 shares during the period. ZRC Wealth Management LLC grew its stake in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after purchasing an additional 50 shares during the last quarter. CFM Wealth Partners LLC lifted its holdings in Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after buying an additional 50 shares during the period. Finally, Jacobsen Capital Management grew its position in shares of Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after buying an additional 50 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Shares of HON stock opened at $222.58 on Tuesday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. 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 company has a 50 day moving average of $227.00 and a 200-day moving average of $214.54. The firm has a market cap of $144.73 billion, a P/E ratio of 25.70, a PEG ratio of 2.55 and a beta of 1.06.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HON. The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Barclays upped their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Wednesday, December 11th. Eleven equities research 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $248.29.

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.