Fort Washington Investment Advisors Inc. OH Sells 90 Shares of Honeywell International Inc. (NASDAQ:HON)

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,096 shares of the conglomerate’s stock after selling 90 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Honeywell International were worth $473,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth $29,000. Hoese & Co LLP acquired a new stake in Honeywell International during the 4th quarter worth $30,000. Financial Avengers Inc. raised its stake in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its stake in 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 during the period. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HON. Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a report on Wednesday, December 11th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. 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, Honeywell International presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $225.66 on Friday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock has a market capitalization of $146.73 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 2.58 and a beta of 1.06. The business has a 50-day moving average of $226.63 and a 200-day moving average of $214.69. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

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.