Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Independent Wealth Network Inc.

Independent Wealth Network Inc. boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,035 shares of the conglomerate’s stock after purchasing an additional 107 shares during the quarter. Independent Wealth Network Inc.’s holdings in Honeywell International were worth $911,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Public Sector Pension Investment Board grew its position in Honeywell International by 70.0% during the second quarter. Public Sector Pension Investment Board now owns 24,908 shares of the conglomerate’s stock valued at $5,319,000 after acquiring an additional 10,252 shares during the period. Marshall Wace LLP grew its holdings in shares of Honeywell International by 1.2% during the 2nd quarter. Marshall Wace LLP now owns 181,340 shares of the conglomerate’s stock worth $38,723,000 after purchasing an additional 2,101 shares during the period. Semmax Financial Advisors Inc. increased its position in Honeywell International by 43.6% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 359 shares of the conglomerate’s stock worth $71,000 after purchasing an additional 109 shares in the last quarter. Insigneo Advisory Services LLC raised its holdings in Honeywell International by 2.2% in the second quarter. Insigneo Advisory Services LLC now owns 25,742 shares of the conglomerate’s stock valued at $5,141,000 after buying an additional 560 shares during the period. Finally, Point72 Hong Kong Ltd grew its stake in Honeywell International by 24.5% during the second quarter. Point72 Hong Kong Ltd now owns 52,541 shares of the conglomerate’s stock worth $11,220,000 after buying an additional 10,341 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on HON shares. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Citigroup lowered their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Eleven 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

NASDAQ HON opened at $223.09 on Thursday. The stock has a market capitalization of $145.06 billion, a P/E ratio of 25.76, a P/E/G ratio of 2.55 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The business’s fifty day moving average is $226.83 and its two-hundred day moving average is $214.63. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year 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.