Key Client Fiduciary Advisors LLC Purchases 100 Shares of Honeywell International Inc. (NASDAQ:HON)

Key Client Fiduciary Advisors LLC raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 9.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,125 shares of the conglomerate’s stock after purchasing an additional 100 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in Honeywell International were worth $254,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. RIA Advisory Group LLC acquired a new stake in Honeywell International in the third quarter valued at about $6,124,000. Copley Financial Group Inc. acquired a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $454,000. EP Wealth Advisors LLC grew its holdings in shares of Honeywell International by 4.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after purchasing an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its stake in Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on HON shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Barclays boosted their price target on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Finally, Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $225.66 on Friday. The business has a 50-day moving average price of $226.63 and a two-hundred day moving average price of $214.69. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a market cap of $146.73 billion, a P/E ratio of 26.06, a PEG ratio of 2.58 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.